MCLEAN, Va., April 8, 2014 /PRNewswire/ -- Gladstone
Investment Corporation (NASDAQ: GAIN) (the "Company")
announced today that its board of directors declared monthly cash
distributions:
Common Stock: $0.060
per share of common stock for each of April, May, and June 2014, payable per Table 1 below. The
Company has paid 105 consecutive monthly cash distributions on its
common stock.
Table 1: Summary Table for Common Stock cash distributions:
Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
April 16
|
April 21
|
April 30
|
$ 0.06
|
May 16
|
May 20
|
May 30
|
$ 0.06
|
June 17
|
June 19
|
June 30
|
$ 0.06
|
Total for the
Quarter:
|
$ 0.18
|
Term Preferred Stock: $0.1484375 per share of the Company's 7.125%
Series A Cumulative Term Preferred Stock ("Term Preferred Stock")
for each of April, May, and June
2014, payable per Table 2 below. The Term Preferred Stock
trades on the NASDAQ under the symbol "GAINP."
Table 2: Summary Table for Term Preferred Stock cash
distributions:
Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
April 16
|
April 21
|
April 30
|
$
0.1484375
|
May 16
|
May 20
|
May 30
|
$
0.1484375
|
June 17
|
June 19
|
June 30
|
$
0.1484375
|
Total for the
Quarter:
|
$
0.4453125
|
The Company offers a dividend reinvestment plan (the "DRIP") to
its common stockholders. For more information regarding the DRIP,
please visit www.gladstoneinvestment.com.
Gladstone Investment Corporation is a publicly traded business
development company that seeks to make debt and equity investments
in small and mid-sized 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.
For Investor Relations inquiries related to any of the monthly
dividend paying Gladstone funds,
please visit www.gladstone.com.
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SOURCE Gladstone Investment Corporation