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 Wednesday, November 13th,Wall Street Journal reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.3125 per share on Saturday, February 1st. This represents a $1.25 dividend on an annualized basis and a yield of 5.11%. The ex-dividend date is Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Down 0.4 %

Shares of NASDAQ GAINN traded down $0.09 during midday trading on Thursday, reaching $24.45. 1,096 shares of the stock were exchanged, compared to its average volume of 4,321. Gladstone Investment Co. 5.00% Notes Due 2026 has a twelve month low of $23.25 and a twelve month high of $25.28. The company has a 50 day simple moving average of $24.68 and a 200 day simple moving average of $24.38.

About Gladstone Investment Co. 5.00% Notes Due 2026

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.