Gladstone Investment Co. 4.875% Notes due 2028 (GAINZ) to Issue Quarterly Dividend of $0.30 on November 1st

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) declared a quarterly dividend on Saturday, October 12th, Wall Street Journal reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.3047 per share on Friday, November 1st. This represents a $1.22 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date of this dividend is Tuesday, October 15th.

Gladstone Investment Co. 4.875% Notes due 2028 Price Performance

Shares of Gladstone Investment Co. 4.875% Notes due 2028 stock opened at $23.99 on Friday. The stock has a 50 day moving average of $23.43 and a 200 day moving average of $23.07. Gladstone Investment Co. 4.875% Notes due 2028 has a 12 month low of $21.50 and a 12 month high of $24.72.

Gladstone Investment Co. 4.875% 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.