Gladstone Investment Announces Updated Payment Date for $0.70 Supplemental Distribution to Common Stockholders

Rhea-AI Summary

Gladstone Investment (Nasdaq:GAIN) has announced an update to the payment date for its $0.70 supplemental distribution to common stockholders. Due to the October 14, 2024 federal holiday, the distribution will now be paid on Tuesday, October 15, 2024. The record date for this supplemental distribution remains October 4, 2024.

The company offers a dividend reinvestment plan (DRIP) to its common stockholders. Investors can find more information about the DRIP on the company's website at www.gladstoneinvestment.com.

Positive

• Supplemental distribution of $0.70 per share to be paid to common stockholders
• Dividend reinvestment plan (DRIP) available to common stockholders

Negative

• None.

MCLEAN, VA / ACCESSWIRE / September 26, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that as a result of the October 14, 2024 federal holiday the Company's transfer agent will distribute the payment of the supplemental distribution of $0.70 per share of common stock on Tuesday, October 15, 2024. The record date for the supplemental distribution remains unchanged.

Common Stock: A supplemental distribution of $0.70 per share of common stock in October 2024 payable per the table below.

Record Date	Payment Date	Cash Distribution
October 4, 2024	October 15, 2024	$0.70

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.

Source: Gladstone Investment Corporation

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

FAQ

When will Gladstone Investment (GAIN) pay its $0.70 supplemental distribution in October 2024?

Gladstone Investment (GAIN) will pay its $0.70 supplemental distribution on Tuesday, October 15, 2024, due to the October 14, 2024 federal holiday.

What is the record date for Gladstone Investment's (GAIN) October 2024 supplemental distribution?

The record date for Gladstone Investment's (GAIN) October 2024 supplemental distribution is October 4, 2024.

Does Gladstone Investment (GAIN) offer a dividend reinvestment plan?

Yes, Gladstone Investment (GAIN) offers a dividend reinvestment plan (DRIP) to its common stockholders.

How much is the supplemental distribution per share for Gladstone Investment (GAIN) in October 2024?

The supplemental distribution for Gladstone Investment (GAIN) in October 2024 is $0.70 per share of common stock.