Press release

Gladstone Investment Announces Increased Monthly Cash Distributions for October, November, and December 2021, a Supplemental Distribution to Common Stockholders and Second Fiscal Quarter Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors

articleGladstone Investment Corporation - Business Development CompanyOctober 12, 20213/company/gladstone-investment-corporation/news/gladstone-investment-announces-increased-monthly-cash-distributions-for-october
Gladstone Investment Announces Increased Monthly Cash Distributions for October, November, and December 2021, a Supplemental Distribution to Common Stockholders and Second Fiscal Quarter Earnings Release and Conference Call Dates

About this update from Gladstone Investment Corporation - Business Development Company

[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) (the \"Company\") announced today that its board of directors declared the following monthly cash distributions to common stockholders, increasing monthly distributions from $0.07 to $0.075 per share, or approximately 7%. The Company also announced its plan to report earnings for its second fiscal quarter ended September 30, 2021.The Company will also pay a supplemental distribution of $0.09 per share to holders of its common stock in December 2021. The board of directors will continue to evaluate the amount and timing of any additional, semi-annual or incremental, supplemental distributions in future periods.Common Stock: $0.075 per share of common stock for each of October, November, and December 2021, and a supplemental distribution of $0.09 per share of common stock in December 2021, all payable per the table below.Record DatePayment DateCash DistributionOctober 22October 29$0.075November 19November 30$0.075December 7December 15$0.09*December 23December 31$0.075Total for the Quarter:$0.315*Denotes supplemental distribution to common stockholdersThe 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, November 2, 2021, for its second fiscal quarter ended September 30, 2021. The Company will hold a conference call on Wednesday, November 3, 2021 at 8:30 a.m. EDT to discuss its earnings results. Please call (866) 373-3416 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 the call and will be accessible through November 10, 2021. To hear the replay, please dial (877) 660-6853 and use playback conference number 13722592.The live audio broadcast of the Company's conference call will be available online at www.gladstoneinvestment.com. The event will also be archived and available for replay on the Company's website.About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market ...

More updates from Gladstone Investment Corporation - Business Development Company