General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the six month period ended June 30, 2019. The Form N-CSR contains the Company's June 30, 2019, Semi-Annual Report and is available at the SEC's website: www.sec.gov and the Company's website: www.generalamericaninvestors.com. The Semi-Annual Report is expected to be mailed to stockholders shortly.
The Semi-Annual Report indicates that as of or for the six months ended:
|
6/30/19 |
6/30/18 |
||
|
|
|
||
Net Assets Applicable to Common Stock |
$1,057,455,839 |
$1,051,545,612 |
||
|
|
|
||
Net Assets Per Common Share |
$42.33 |
$40.82* |
||
|
|
|
||
Net Investment Income |
$4,770,343 |
$4,762,328 |
||
|
|
|
||
Per Share |
$0.19 |
$0.18 |
||
|
|
|
||
Net Gain on Investments |
$194,978,202 |
$19,078,377 |
||
|
|
|
||
Per Share |
$7.85 |
$0.89 |
||
|
|
|
||
Common Shares Outstanding |
24,978,532 |
25,762,058 |
||
* |
After dividends and distributions of $2.25 per share paid in December 2018. |
The largest stock holdings in the Company's portfolio as of June 30, 2019, included: The TJX Companies, Republic Services, Microsoft, Arch Capital Group, and Alphabet.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190802005310/en/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.