GAMCO Investors (GBL) Declares $0.04 Quarterly Dividend; 0.3% Yield; Authorizes $20M Zero Coupon Subordinated Debentures Buyback

August 3, 2011 5:08 PM EDT
GAMCO Investors (NYSE: GBL) declared a quarterly dividend of $0.04 per share, or $0.16 annualized.

The dividend will be payable on September 27, 2011, to stockholders of record on September 13, 2011, with an ex-dividend date of September 9, 2011.

The annual yield on the dividend is 0.3 percent.

In addition, the Board of Directors authorized the repurchase of up to $20 million of its Zero Coupon Subordinated Debentures due December 31, 2015.


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