Gladstone Investment Co. 5.00% Notes Due 2026 (GAINN) to Issue Quarterly Dividend of $0.31 on February 1st

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 given a dividend of 0.3125 per share on Saturday, February 1st. This represents a $1.25 annualized dividend and a yield of 5.11%. The ex-dividend date is Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 stock opened at $24.45 on Friday. Gladstone Investment Co. 5.00% Notes Due 2026 has a 12 month low of $23.25 and a 12 month high of $25.28. The business has a fifty day simple moving average of $24.67 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.