PR Newswire
MCLEAN, Va., April 8, 2014
MCLEAN, Va., April 8, 2014 /PRNewswire/ -- Gladstone Investment Corporation (NASDAQ: GAIN) (the "Company") announced today that its board of directors declared monthly cash distributions:
Common Stock: $0.060 per share of common stock for each of April, May, and June 2014, payable per Table 1 below. The Company has paid 105 consecutive monthly cash distributions on its common stock.
Table 1: Summary Table for Common Stock cash distributions:
Ex-Dividend Date | Record Date | Payment Date | Cash Distribution ARIVA.DE Börsen-GeflüsterKurse |
April 16 | April 21 | April 30 | $ 0.06 |
May 16 | May 20 | May 30 | $ 0.06 |
June 17 | June 19 | June 30 | $ 0.06 |
Total for the Quarter: | $ 0.18 |
Term Preferred Stock: $0.1484375 per share of the Company's 7.125% Series A Cumulative Term Preferred Stock ("Term Preferred Stock") for each of April, May, and June 2014, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GAINP."
Table 2: Summary Table for Term Preferred Stock cash distributions:
Ex-Dividend Date | Record Date | Payment Date | Cash Distribution |
April 16 | April 21 | April 30 | $ 0.1484375 |
May 16 | May 20 | May 30 | $ 0.1484375 |
June 17 | June 19 | June 30 | $ 0.1484375 |
Total for the Quarter: | $ 0.4453125 |
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.
Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
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SOURCE Gladstone Investment Corporation
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