Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Trading Down 0% – What’s Next?

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) shares fell 0% during mid-day trading on Tuesday . The stock traded as low as $24.96 and last traded at $24.96. 618 shares were traded during mid-day trading, a decline of 95% from the average session volume of 12,995 shares. The stock had previously closed at $24.97.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

The company has a 50-day moving average of $24.68 and a 200-day moving average of $24.62.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th were given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend was Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Company Profile

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.