Gladstone Investment Announces Updated Payment Date for $0.70 Supplemental Distribution to Common Stockholders
Gladstone Investment (Nasdaq:GAIN) has announced an update to the payment date for its $0.70 supplemental distribution to common stockholders.
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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.
Details
News Market Reaction – GAIN
The recorded move for GAIN in the trading session of this news was +0.99%.
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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
Common Stock: A supplemental distribution of
Record Date | Payment Date | Cash Distribution |
October 4, 2024 | October 15, 2024 |
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
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