 The Board of Directors of General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange GAM, declared on its 5.95 cumulative preferred stock, series B, a dividend and distribution of 0.371875 per share payable in cash on June 24, 2020 to holders of record on June 8, 2020. This quarterly dividend and distribution represents a payment for the accrual period from March 24, 2020 through June 23, 2020. Preferred shareholders will be informed in early 2021 of the taxable portions of the distribution. 