Gladstone Investment Co. 4.875% Notes due 2028 Plans Quarterly Dividend of $0.30 (NASDAQ:GAINZ)

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) announced a quarterly dividend on Friday, April 4th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 15th will be given a dividend of 0.3047 per share on Thursday, May 1st. This represents a $1.22 annualized dividend and a yield of 5.31%. The ex-dividend date is Tuesday, April 15th.

Gladstone Investment Co. 4.875% Notes due 2028 Price Performance

Shares of GAINZ opened at $22.96 on Friday. The firm has a 50-day moving average of $23.28 and a 200-day moving average of $23.43. Gladstone Investment Co. 4.875% Notes due 2028 has a one year low of $22.45 and a one year high of $24.16.

Gladstone Investment Co. 4.875% Notes due 2028 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.