Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) Announces $0.50 Quarterly Dividend

Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) announced a quarterly dividend on Tuesday, March 18th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.50 per share on Thursday, May 1st. This represents a $2.00 dividend on an annualized basis and a yield of 7.75%. The ex-dividend date of this dividend is Tuesday, April 15th.

Gladstone Investment Co. 8.00% Notes due 2028 Stock Performance

Gladstone Investment Co. 8.00% Notes due 2028 stock opened at $25.79 on Wednesday. Gladstone Investment Co. 8.00% Notes due 2028 has a 52 week low of $25.25 and a 52 week high of $26.66. The business has a 50-day simple moving average of $25.74 and a 200 day simple moving average of $25.84.

Gladstone Investment Co. 8.00% Notes due 2028 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.