General American Investors Company, Inc.
GAM-PBFinancial Services · Stock · quarterly payer
Forward Yield
5.99%
Annual Dividend
$6.40
Payout Ratio
—
5-Yr Growth
0.0%
Ex-Date
—
Frequency
Quarterly
Summary
As of September 2026, General American Investors Company, Inc. (GAM-PB) yields 5.99% ($6.40 per share annually), with a blended fair-value estimate of $57.76 — +133% upside, so it screens as undervalued. Dividend safety grade: A (96/100).
Is GAM-PB a good dividend stock?
YesGeneral American Investors Company, Inc. (GAM-PB) pays a quarterly dividend yielding 5.99% ($6.40/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 5.99%
- Payout Ratio
- —
- Annual Dividend
- $6.40
- 5-Yr Avg Growth
- 0.0%
- Ex-Dividend Date
- —
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.82
- Market Cap
- —
- P/E Ratio
- 3.3
- 5-Yr Total Return
- —
- 52-Week Range
- $24.62 – $24.98
- Dividend Safety
- A · 96/100
- Ever Cut?
- No
Frequently Asked Questions
GAM-PB Price — Last 12 Months
Daily close
Price Return
1 Year
—
3 Years
—
5 Years
—
52-Week Range
$24.62 – $24.98
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GAM-PB worth?
Undervaluedlow confidenceOur blended fair-value estimate for General American Investors Company, Inc. is $57.76 per share, versus a market price of $24.82. That implies 133% of upside — a margin of safety of about 57%.
Fair Value
$57.76
Current Price
$24.82
Upside
+133%
Margin of Safety
57%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 8.4% discount rate (CAPM), 0.0% stage-1 growth, 2.5% terminal growth, $7.41 EPS, $6.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GAM-PB Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 8, 2026 | — | $0.3719 | regular |
| Mar 9, 2026 | — | $0.3719 | regular |
| Dec 8, 2025 | — | $0.3719 | regular |
| Sep 8, 2025 | — | $0.3719 | regular |
| Jun 9, 2025 | — | $0.3719 | regular |
| Mar 7, 2025 | — | $0.3719 | regular |
| Dec 9, 2024 | — | $0.3719 | regular |
| Sep 9, 2024 | — | $0.3719 | regular |
| Jun 7, 2024 | — | $0.3719 | regular |
| Mar 6, 2024 | — | $0.3719 | regular |
| Dec 6, 2023 | — | $0.3719 | regular |
| Sep 6, 2023 | — | $0.3719 | regular |
| Jun 6, 2023 | — | $0.3719 | regular |
| Mar 6, 2023 | — | $0.3719 | regular |
Income Calculator
At $6.40 / yr per share
