General American Investors Company, Inc. Declares A Spill-Over Capital Gain Distribution on Its Common Stock, Payable on February 18, 2022
January 26, 2022 at 04:25 pm EST
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The Board of Directors of General American Investors Company, Inc. declared a spill-over capital gain distribution on its common stock totaling $0.50 per share from net long-term profits on securities sold during the period November 1, 2021 through December 31, 2021. This is sourced from long-term capital gain income and is expected to be taxable as such. The dividend and distribution is payable in cash on February 18, 2022 to stockholders of record on February 7, 2022 and is to be included in stockholders' federal income tax returns for 2022.
General American Investors Company, Inc. is a closed-end, diversified management investment company. The primary investment objective of the Company is long-term capital appreciation. The Company seeks investments worldwide in public and private companies. The Company invests in various industry sectors, such as information technology, financials, consumer discretionary, healthcare, consumer staples, industrials, communication services, energy, materials and other. The Companyâs portfolio includes Republic Services, Inc., Microsoft Corporation, Arch Capital Group Ltd., Alphabet Inc., Berkshire Hathaway Inc., Apple Inc., Everest Group, Ltd., The TJX Companies, Inc., ASML Holding N.V. and Nestle S.A.
GENERAL AMERICAN INVESTORS COMPANY, INC. 
