GAM-P-B: GENERAL AMERICAN INVESTORS CO INC 5.95% Series B Preferred Stock
GENERAL AMERICAN INVESTORS CO INC's GAM-P-B is an exchange-traded preferred stock.
At a recent price of $24.77, GAM-P-B yields 6.01% on its $25 liquidation preference and 5.95% coupon.
It trades at a discount of 0.9% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2008-09-24.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.