Press release
Gladstone Investment Announces Monthly Cash Distributions for April, May, and June 2021 and a Supplemental Distribution to Common Stockholders
MCLEAN, VA / ACCESSWIRE / April 13, 2021 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") announced today that its board of directors declared
About this update from Gladstone Investment Corporation - Business Development Company
[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / April 13, 2021 / 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.The Company will also pay a supplemental distribution of $0.06 per share to holders of its common stock in June 2021. The board of directors will continue to evaluate the amount and timing of any additional, semi-annual, supplemental distributions in future periods.Common Stock: $0.07 per share of common stock for each of April, May, and June 2021, and a supplemental distribution of $0.06 per share of common stock in June 2021, payable per the table below.Record DatePayment Date Cash Distribution April 23April 30 $0.07 May 19May 28 $0.07 June 8June 17 $0.06*June 18June 30 $0.07 Total for the Quarter: $0.27 *Denotes supplemental distribution to common stockholdersSeries 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 April, May, and June 2021, payable per the table below. The Series E Term Preferred Stock trades on the Nasdaq under the symbol \"GAINL.\"Record DatePayment Date Cash Distribution April 23April 30 $0.1328125 May 19May 28 $0.1328125 June 18June 30 $0.1328125 Total 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.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 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.Investor Relations Inquiries: Please visit www.gladstone.com or +1-703-287-5893.Forward-looking Statements: The statements in this press release regarding potential future distributions, earnings, and operations of the Company are \"forward-looking statements.\" These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these state...
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