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

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) announced a quarterly dividend on Wednesday, November 13th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.3125 per share on Saturday, February 1st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date of this dividend is Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

NASDAQ GAINN traded down $0.09 on Thursday, reaching $24.45. The stock had a trading volume of 1,096 shares, compared to its average volume of 4,321. 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’s 50-day moving average price is $24.68 and its 200 day moving average price is $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.