Gladstone Investment Co. 5.00% Notes Due 2026 (GAINN) To Go Ex-Dividend on January 15th

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) announced a quarterly dividend on Sunday, January 12th,Wall Street Journal reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.3125 per share on Saturday, February 1st. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date of this dividend is Wednesday, January 15th.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Performance

Shares of NASDAQ GAINN opened at $24.73 on Monday. Gladstone Investment Co. 5.00% Notes Due 2026 has a twelve month low of $23.41 and a twelve month high of $25.28. The stock’s 50-day simple moving average is $24.61 and its two-hundred day simple moving average is $24.52.

Gladstone Investment Co. 5.00% Notes Due 2026 Company Profile

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.