Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) Declares Quarterly Dividend of $0.30

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) declared a quarterly dividend on Wednesday, September 16th. Investors of record on Thursday, October 15th will be paid a dividend of 0.3047 per share on Sunday, November 1st. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date is Thursday, October 15th.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Down 0.2%

NASDAQ:GAINZ opened at $24.14 on Thursday. Gladstone Investment Co. 4.875% Notes due 2028 has a 52-week low of $23.58 and a 52-week high of $24.50. The stock’s 50-day simple moving average is $24.14 and its 200 day simple moving average is $24.07.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

Gladstone Investment Co 4.875% Notes due 2028 (NASDAQ:GAINZ) are senior unsecured debt securities issued by Gladstone Investment Corporation, a business development company that provides capital to small and mid-sized private U.S. businesses. The notes pay a fixed annual interest rate of 4.875% and mature in 2028, offering investors a defined income stream while supporting the company’s lending and equity investment activities.

Proceeds from the issuance of GAINZ notes are used to finance Gladstone Investment Corporation’s core investment strategy, which includes first-lien debt, subordinated debt and equity investments in privately held companies.