Gladstone Investment Announces Increase in Cash Distributions to Common Stockholders, Monthly Cash Distributions for January, February, and March 2020, and Third Fiscal Quarter Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) announced today that its board of directors declared the following monthly cash distributions to preferred and common stockholders, increasing distributions to common stockholders by approximately 3%. The Company also announced its plan to report earnings for the third fiscal quarter ended December 31, 2019.\n Common Stock: $0.07 per share of common stock for each of January, February, and March 2020, payable per the table below. The Company has paid 174 consecutive monthly cash distributions on its common stock. Record DatePayment DateCash DistributionJanuary 24January 31$0.07February 19February 28$0.07March 20March 31$0.07Total for the Quarter:$0.21 Series D Term Preferred Stock: $0.13020833 per share of the Company’s 6.25% Series D Cumulative Term Preferred Stock (“Series D Term Preferred Stock”) for each of January, February, and March 2020, payable per the table below. The Series D Term Preferred Stock trades on the Nasdaq under the symbol “GAINM.” Record DatePayment DateCash DistributionJanuary 24January 31$0.13020833February 19February 28$0.13020833March 20March 31$0.13020833Total for the Quarter:$0.39062499 Series E Term Preferred Stock: $0.1328125 per share of the Company’s 6.375% Series E Cumulative Term Preferred Stock (“Series E Term Preferred Stock”) for each of January, February, and March 2020, payable per the table below. The Series E Term Preferred Stock trades on the Nasdaq under the symbol “GAINL.” Record DatePayment DateCash DistributionJanuary 24January 31$0.1328125February 19February 28$0.1328125March 20March 31$0.1328125Total for the Quarter:$0.3984375 The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com. The Company also announced today that it plans to report earnings after the stock market closes on Tuesday, February 4, 2020, for the third quarter ended December 31, 2019. The Company will hold a conference call on Wednesday, February 5, 2020 at 8:30 a.m. EST to discuss its earnings results. Please call (855) 376-7516 to enter the conference call. An operator will monitor the call and set a queue for questions. A conference call replay will be available beginning one hour after t...

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