Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Shares Up 0.1% – What’s Next?

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ)’s share price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $23.39 and last traded at $23.37. Approximately 1,969 shares were traded during trading, a decline of 60% from the average daily volume of 4,979 shares. The stock had previously closed at $23.34.

Gladstone Investment Co. 4.875% Notes due 2028 Price Performance

The business has a 50-day moving average of $23.37 and a 200 day moving average of $23.37.

Gladstone Investment Co. 4.875% Notes due 2028 Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th were issued a $0.3047 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.22 annualized dividend and a dividend yield of 5.22%.

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.