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General American Investors Company (General American Investors Company) 5-Year Yield-on-Cost % : 3.44 (As of Apr. 26, 2024)


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What is General American Investors Company 5-Year Yield-on-Cost %?

General American Investors Company's yield on cost for the quarter that ended in Dec. 2023 was 3.44.


The historical rank and industry rank for General American Investors Company's 5-Year Yield-on-Cost % or its related term are showing as below:

GAMpB.PFD' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.3   Med: 0.75   Max: 4.63
Current: 3.44


During the past 8 years, General American Investors Company's highest Yield on Cost was 4.63. The lowest was 0.30. And the median was 0.75.


GAMpB.PFD's 5-Year Yield-on-Cost % is ranked worse than
95.8% of 1214 companies
in the Asset Management industry
Industry Median: 6.005 vs GAMpB.PFD: 3.44

Competitive Comparison of General American Investors Company's 5-Year Yield-on-Cost %

For the Asset Management subindustry, General American Investors Company's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General American Investors Company's 5-Year Yield-on-Cost % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where General American Investors Company's 5-Year Yield-on-Cost % falls into.



General American Investors Company 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of General American Investors Company is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

General American Investors Company  (NYSE:GAMpB.PFD) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


General American Investors Company 5-Year Yield-on-Cost % Related Terms

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General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
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 through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Spencer Davidson director, other: Chairman GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
1975 Trust Fbo Altschul Arthur G Land Trust other: Trustees are directors
Jeffrey W Priest officer: President & CEO GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: VP Administration/CCO/PFO GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Del Villar Clara E. director C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Henry R Schirmer director C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Anang K. Majmudar officer: Senior Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Linda J Genid officer: Corporate Secretary 530 FIFTH AVE, 26TH FLOOR, NEW YORK NY 10036
Betsy F. Gotbaum director C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Sally A Lynch officer: Vice-President GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Gordan John D Iii director C/O GENERAL AMERICAN INVESTORS COMPANY, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036