General American Investors Company, Inc. Declares Combined Dividend and Distribution of Common Stock, Payable on December 28, 2023
November 01, 2023 at 04:15 pm EDT
Share
The Board of Directors of General American Investors Company, Inc. declared a combined dividend and distribution of $2.65 per share on its outstanding shares of common stock as follows: A distribution of $2.10 per share from net long-term capital gains on securities sold. A dividend of $0.55 per share from estimated undistributed net investment income for the full year 2023. Determination as to taxability will be provided in January 2024.
Both amounts are payable on December 28, 2023 to stockholders of record on November 13, 2023, and are to be included in stockholders? Federal income tax returns for 2023.
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. 
