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

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) announced a quarterly dividend on Sunday, October 13th, Wall Street Journal reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.3125 per share on Friday, November 1st. This represents a $1.25 annualized dividend and a yield of 5.06%. The ex-dividend date is Tuesday, October 15th.

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

Shares of NASDAQ:GAINN opened at $24.70 on Monday. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12-month low of $23.06 and a 12-month high of $25.28. The business has a fifty day simple moving average of $24.57 and a 200 day simple moving average of $24.29.

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.