Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Trading Down 1.9% – Here’s What Happened

Shares of Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) traded down 1.9% during trading on Monday . The company traded as low as $23.26 and last traded at $23.26. 30 shares changed hands during trading, a decline of 99% from the average session volume of 3,448 shares. The stock had previously closed at $23.70.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance

The business’s 50 day simple moving average is $23.59 and its 200 day simple moving average is $23.13.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 1st. Stockholders of record on Tuesday, October 15th will be paid a $0.3047 dividend. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Tuesday, October 15th.

About Gladstone Investment Co. 4.875% Notes due 2028

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.