STOCK TITAN

Gladstone Investment Announces Monthly Cash Distributions for January, February and March 2024, and Earnings Release and Conference Call Dates for the Third Fiscal Quarter

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Gladstone Investment Corporation (GAIN) announced monthly cash distributions of $0.08 per share for January, February, and March 2024, totaling $0.24 for the quarter. The company also plans to report earnings for its third fiscal quarter ended December 31, 2023, and offers a dividend reinvestment plan to its common stockholders.
Positive
  • None.
Negative
  • None.

MCLEAN, VA / ACCESSWIRE / January 9, 2024 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its third fiscal quarter ended December 31, 2023.

Common Stock: $0.08 per share of common stock for each of January, February and March 2024 payable per the table below.

Record DatePayment DateCash Distribution
January 23January 31

$0.08

February 21February 29

$0.08

March 21March 29

$0.08

Total for the Quarter:

$0.24

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 6, 2024, for its third fiscal quarter ended December 31, 2023. The Company will hold a conference call on Wednesday, February 7, 2024 at 8:30 a.m. Eastern Time 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 February 14, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13742735.

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 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.gladstonecompanies.com or (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 statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.

SOURCE: Gladstone Investment Corporation



View the original press release on accesswire.com

Gladstone Investment Corporation (GAIN) announced a monthly cash distribution of $0.08 per share for January, February, and March 2024, totaling $0.24 for the quarter.

Gladstone Investment Corporation (GAIN) plans to report earnings after the stock market closes on Tuesday, February 6, 2024.

Yes, Gladstone Investment Corporation (GAIN) offers a dividend reinvestment plan (DRIP) to its common stockholders. For more information, visit www.gladstoneinvestment.com.

The conference call to discuss Gladstone Investment Corporation (GAIN)'s earnings results will be held on Wednesday, February 7, 2024, at 8:30 a.m. Eastern Time. To join the call, please dial (866) 373-3416.

The conference call replay will be available beginning one hour after the call and can be accessed through February 14, 2024. To hear the replay, dial (877) 660-6853 and use playback conference number 13742735.
Gladstone Investment Corporation

NASDAQ:GAIN

GAIN Rankings

GAIN Latest News

GAIN Stock Data

Securities and Commodity Exchanges
Finance and Insurance
Link
Finance, Investment Managers, Finance and Insurance, Securities and Commodity Exchanges
US
Mclean

About GAIN

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside. in addition to providing most, if not all, of the equity and debt capital required to close a transaction, gain has no partnership end-of-life deadlines and can structure investments in line with the long-term needs of the businesses we invest in. by providing truly patient, long-term capital, gain is a value-added partner to the companies we invest in. we are a part of the gladstone companies, which includes three other affiliated publicly-traded companies: gladstone capital corporation (nasdaq: glad) a b