General American Investors Files Certified Shareholder Report for Period Ended June 30, 2024

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, 2024. The Form N-CSR contains the Company’s June 30, 2024 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:

 

6/30/24

6/30/23

 

 

 

Net Assets Applicable to Common Stock

$1,402,088,131

$1,200,083,087

 

 

 

Net Assets Per Common Share

$60.14*

$50.48

 

 

 

Net Investment Income

$5,740,826

$6,013,170

 

 

 

Per Share

$0.25

$0.25

 

 

 

Net Gain on Investments

188,287,805

166,692,175

 

 

 

Per Share

$8.17

$7.05

 

 

 

Common Shares Outstanding

23,313,823

23,775,433

*

After a distribution of $2.01 per share from net long-term capital gains and a dividend of $0.64 per share paid in December 2023.

The largest stock holdings in the Company’s portfolio as of June 30, 2024, included: Microsoft, Republic Services, Alphabet, ASML Holding, and Berkshire Hathaway.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240805266596/en/

Eugene S. Stark Vice-President, Administration [phone]