Press release
Gladstone Investment Announces Monthly Cash Distributions for July, August and September 2020 and First Fiscal Quarter Earnings Release and Conference Call Dates
MCLEAN, Va., July 14, 2020 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) announced today that its board of directors
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[{"type":"text","content":"MCLEAN, Va., July 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. The Company also announced its plan to report earnings for its first fiscal quarter ended June 30, 2020.\n Common Stock: $0.07 per share of common stock for each of July, August, and September 2020, all payable per the table below. Record DatePayment DateCash DistributionJuly 24July 31$0.07August 24August 31$0.07September 23September 30$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 July, August, and September 2020, payable per the table below. The Series D Term Preferred Stock trades on the Nasdaq under the symbol “GAINM.” Record DatePayment DateCash DistributionJuly 24July 31$0.13020833August 24August 31$0.13020833September 23September 30$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 July, August, and September 2020, payable per the table below. The Series E Term Preferred Stock trades on the Nasdaq under the symbol “GAINL.” Record DatePayment DateCash DistributionJuly 24July 31$0.1328125August 24August 31$0.1328125September 23September 30$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, July 28, 2020, for its first quarter ended June 30, 2020. The Company will hold a conference call on Wednesday, July 29, 2020 at 8:30 a.m. EDT to discuss its earnings results. Please call (833) 519-1256 and enter conference number 5383517 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 August 5, 2020. To hear the replay, please dial (855) 859-2056 and use playback conference number ...
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