Skip to main content

Gladstone Investment Announces Increase in Cash Distributions to Common Stockholders, Monthly Cash Distributions for January, February, and March 2020, and Third Fiscal Quarter Earnings Release and Conference Call Dates

Written by admin on . Posted in Dividend Reports And Estimates.

MCLEAN, Va., Jan. 14, 2020 (GLOBE NEWSWIRE) — Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) announced today that its board of directors declared the following monthly cash distributions to preferred and common stockholders, increasing distributions to common stockholders by approximately 3%. The Company also announced its plan to report earnings for the third fiscal quarter ended December 31, 2019.
Common Stock: $0.07 per share of common stock for each of January, February, and March 2020, payable per the table below. The Company has paid 174 consecutive monthly cash distributions on its common stock.Series D Term Preferred Stock: $0.13020833 per share of the Company’s 6.25% Series D Cumulative Term Preferred Stock (“Series D Term Preferred Stock”) for each of January, February, and March 2020, payable per the table below. The Series D Term Preferred Stock trades on the Nasdaq under the symbol “GAINM.”Series E Term Preferred Stock: $0.1328125 per share of the Company’s 6.375% Series E Cumulative Term Preferred Stock (“Series E Term Preferred Stock”) for each of January, February, and March 2020, payable per the table below. The Series E Term Preferred Stock trades on the Nasdaq under the symbol “GAINL.”The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.The Company also announced today that it plans to report earnings after the stock market closes on Tuesday, February 4, 2020, for the third quarter ended December 31, 2019. The Company will hold a conference call on Wednesday, February 5, 2020 at 8:30 a.m. EST to discuss its earnings results. Please call (855) 376-7516 to enter the conference call. An operator will monitor the call and set a queue for questions.A conference call replay will be available beginning one hour after the call and will be accessible through February 12, 2020. To hear the replay, please dial (855) 859-2056 and use playback conference number 2571289.The live audio broadcast of the Company’s conference call will be available online at www.gladstoneinvestment.com. The event will also be archived and available for replay on the Company’s website through April 5, 2020.Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.Source: Gladstone Investment Corporation
For further information: Gladstone Investment Corporation, +1-703-287-5893

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.