|Bid||19.92 x 800|
|Ask||20.08 x 800|
|Day's Range||19.88 - 20.01|
|52 Week Range||16.26 - 26.05|
|Beta (3Y Monthly)||1.93|
|PE Ratio (TTM)||5.53|
|Earnings Date||Nov 4, 2019 - Nov 8, 2019|
|Forward Dividend & Yield||0.08 (0.40%)|
|1y Target Est||31.00|
Aug.27 -- Mario Gabelli, chairman and chief executive officer at Gamco Investors, discusses the market impact of politics, why he sees CBS-Viacom deal as a buy for investors, finding value in music and industrial companies, and understanding stock picking. He speaks on "Bloomberg Markets."
Chairman & CEO of Gamco Investors Inc (30-Year Financial, Insider Trades) Mario J Gabelli (insider trades) bought 4,503 shares of GBL on 08/30/2019 at an average price of $17.78 a share. Continue reading...
GAMCO Investors, Inc. is pleased to announce that Dennis J. DeCore, has been named Managing Director and will lead Gabelli Fund’s ETF business.
Gabelli Funds is pleased to announce that Captain Todd M. Insler, Master Executive Council Chairman, Air Line Pilots Association, will be the featured speaker at its 25th Annual Aerospace & Defense Conference co-hosted with G.research, LLC at the Harvard Club on Thursday, September 5th.
Please replace the release with the following corrected version due to multiple revisions.
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that its Board of Directors has approved a $0.20 per share contribution under its shareholder designated charitable contribution (“SDCC”) program for all registered Class A and Class B shareholders. Over $52 million has been donated to charities by GAMCO, including through our SDCC program, since our initial public offering in February 1999. As background, Warren Buffett had a similar program at Berkshire Hathaway from 1981 to 2003.
RYE, N.Y.-- -- Net income of $24.0 million Diluted earnings of $0.88 per share June 30, 2019 AUM of $36.9 billion GAMCO Investors, Inc. today reported its operating results for the quarter ended June 30, 2019. Financial Highlights Three Months Ended June 30, 2019 March 31, 2019 June 30, 2018 U.S. GAAP Basis Revenues $ 76,407 $ ...
“GMP”) continues to focus on building its independent team of expert non-executive directors. In 2018, Director Paolo Vicinelli retired from the Board and did not stand for reelection at the Company’s AGM. Mr. Vicinelli is based in New York and is a portfolio manager at Gabelli.
GAMCO Investors, Inc., announced the appointment of Willis Brucker and Gian Maria Magrini to the investment team of the GDL Fund effective immediately. Willis Brucker and Gian Maria Magrini will join Mario J.
A new type of ETF has just won approval from the SEC, and it could spur yet more growth in this $3.8 trillion market if it overcomes transparency issues: the ActiveShares ETFs owned by Precidian Investments. While many of the best-known ETFs are passive investment vehicles that track market indexes, the latest development will spur the launch of nontransparent actively-managed ETFs that do not have to make such daily disclosures. This is a radical change from the transparency that's been the hallmark - and a key selling point - for ETFs since their inception.
The Gabelli Dividend & Income Trust will redeem 50% of its outstanding Series E Auction Rate Preferred Shares .
Moody's Investors Service has assigned an Aa3 rating to 5.375% Series H fixed rate preferred shares issued by Gabelli Dividend & Income Trust (GDV or the "Fund"). Moody's also affirmed the Aa3 ratings on GDV's outstanding preferred shares. The Fund's leverage is expected to remain the same as the net proceeds from new preferred share offering will be used to redeem an equal amount of the Fund's outstanding Series E auction rate preferred shares.
The Board of Trustees of The Gabelli Dividend & Income Trust (GDV) (the “Fund”) is pleased to announce the pricing of an offering of two million 5.375% Series H Cumulative Preferred Shares (“Series H Preferred”) with an aggregate liquidation value of $50 million. The Series H Preferred is perpetual, non-callable for five years, and will have a liquidation preference of $25 per share. Shares of the Series H Preferred are expected to commence trading on the New York Stock Exchange under the symbol “GDV Pr H” within thirty days of the date of issuance.
The Board of Directors of The Gabelli Equity Trust Inc. (GAB) (the “Fund”) reaffirmed its 10% distribution policy and declared a $0.15 per share cash distribution payable on June 21, 2019 to common stock shareholders of record on June 14, 2019. The Fund intends to pay a quarterly distribution of an amount determined each quarter by the Board of Directors. Under the Fund’s current distribution policy, the Fund intends to pay a minimum annual distribution of 10% of the average net asset value of the Fund within a calendar year or an amount sufficient to satisfy the minimum distribution requirements of the Internal Revenue Code for regulated investment companies.
On a per-share basis, the Rye, New York-based company said it had profit of 70 cents. Earnings, adjusted for non-recurring costs, were $1.03 per share. The investment manager posted revenue of $74.3 million ...
RYE, N.Y.-- -- Net income of $19.9 million Fully diluted earnings of $0.70 per share March 31, 2019 AUM of $37.3 billion vs. $34.4 billion at December 31, 2018 GAMCO Investors, Inc. today reported first quarter 2019 revenues of $74.3 million, net income of $19.9 million, and earnings of $0.70 per diluted share. AUM of $37.3 billion at March 31, 2019 versus $34.4 billion at December 31, 2018 and $40.9 ...
GAMCO Investors, Inc. (“GAMCO”) (GBL) announced today that it has repurchased 1.2 million shares from the Frederick J. Mancheski Revocable Trust and a related foundation. GAMCO Investors, Inc., through its subsidiaries, manages open-end funds and closed-end funds (Gabelli Funds, LLC) and private advisory accounts (GAMCO Asset Management Inc.). The financial results set forth in this press release are preliminary.