Gladstone Investment Co. 8.00% Notes due 2028 (GAINL) to Issue Quarterly Dividend of $0.50 on May 1st

Gladstone Investment Co. 8.00% Notes due 2028 (NASDAQ:GAINL) declared a quarterly dividend on Friday, April 4th, 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 annualized dividend and a yield of 7.81%. The ex-dividend date is Tuesday, April 15th.

Gladstone Investment Co. 8.00% Notes due 2028 Stock Down 0.9 %

Shares of Gladstone Investment Co. 8.00% Notes due 2028 stock opened at $25.60 on Friday. The stock has a fifty day moving average price of $25.75 and a 200-day moving average price of $25.82. Gladstone Investment Co. 8.00% Notes due 2028 has a 1 year low of $25.25 and a 1 year high of $26.66.

About Gladstone Investment Co. 8.00% Notes due 2028

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.