Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) to Issue Quarterly Dividend of $0.31

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) declared a quarterly dividend on Saturday, July 13th, Wall Street Journal reports. Investors of record on Monday, July 15th will be paid a dividend of 0.3125 per share on Thursday, August 1st. This represents a $1.25 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend is Monday, July 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Trading Up 0.2 %

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 stock opened at $24.30 on Friday. Gladstone Investment Co. 5.00% Notes Due 2026 has a fifty-two week low of $23.00 and a fifty-two week high of $24.95. The stock has a 50 day moving average of $24.19 and a 200 day moving average of $24.05.

Gladstone Investment Co. 5.00% Notes Due 2026 Company Profile

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside.