Gladstone Investment Announces Monthly Cash Distributions for October, November and December 2019, a Supplemental Distribution to Common Stockholders, and Second Fiscal Quarter Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., Oct. 08, 2019 (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 the second fiscal quarter ended September 30, 2019.\n The Company will also pay a supplemental distribution of $0.09 per share to holders of its common stock in December 2019. In this regard, the Company currently anticipates paying semi-annual, supplemental distributions each fiscal year that include undistributed net capital gains, but may also be made from undistributed net investment income, which the Company anticipates it will continue to generate in the future. The Board of Directors will evaluate the amount and timing of additional, semi-annual, supplemental distributions in future periods. Common Stock: $0.068 per share of common stock for each of October, November and December 2019, payable per the table below. The Company has paid 171 consecutive monthly cash distributions on its common stock. Record DatePayment DateCash DistributionOctober 22October 31$ 0.068November 19November 29$ 0.068December 3December 13$ 0.09*December 19December 31$ 0.068Total for the Quarter:$ 0.294 *Denotes supplemental distribution to common stockholders Series D Term Preferred Stock: $0.13020833 per share of the Company’s 6.25% Series D Cumulative Term Preferred Stock (“Series D Term Preferred Stock”) for each of October, November and December 2019, payable per the table below. The Series D Term Preferred Stock trades on the NASDAQ under the symbol “GAINM.” Record DatePayment DateCash DistributionOctober 22October 31$ 0.13020833November 19November 29$ 0.13020833December 19December 31$ 0.13020833Total for the Quarter:$ 0.39062499 Series E Term Preferred Stock: $0.1328125 per share of the Company’s 6.375% Series E Cumulative Term Preferred Stock (“Series E Term Preferred Stock”) for each of October, November and December 2019, payable per the table below. The Series E Term Preferred Stock trades on the NASDAQ under the symbol “GAINL.” Record DatePayment DateCash DistributionOctober 22October 31$ 0.1328125November 19November 29$ 0.1328125December 19December 31$ 0.1328125Total for the Quarter:$ 0.3984375 The Company offers a dividend reinvestment pl...

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