Gladstone Investment Announces Cash Distributions for October, November and December, 2016 and Second Fiscal Quarter Earnings...
October 11 2016 - 4:05PM
Gladstone Investment Corporation (NASDAQ:GAIN) (the “Company”)
announced today that its board of directors declared the following
monthly cash distributions and also announced its plan to report
earnings for the second fiscal quarter ended September 30, 2016.
Common Stock: $0.0625 per share of common stock
for each of October, November and December, 2016, payable per the
table below. The Company has paid 135 consecutive monthly
cash distributions on its common stock.
Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
October
19 |
October
21 |
October
31 |
$ |
0.0625 |
|
November
15 |
November
17 |
November
30 |
$ |
0.0625 |
|
December
16 |
December
20 |
December
30 |
$ |
0.0625 |
|
Total for the Quarter: |
$ |
0.1875 |
|
Series B Term Preferred Stock: $0.140625 per
share of the Company’s 6.75% Series B Cumulative Term Preferred
Stock (“Series B Term Preferred Stock”) for each of October,
November and December, 2016, payable per the table below. The
Series B Term Preferred Stock trades on the NASDAQ under the symbol
“GAINO.”
Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
October
19 |
October
21 |
October
31 |
$ |
0.140625 |
|
November
15 |
November
17 |
November
30 |
$ |
0.140625 |
|
December
16 |
December
20 |
December
30 |
$ |
0.140625 |
|
Total for the Quarter: |
$ |
0.421875 |
|
Series C Term Preferred Stock: $0.135417 per
share of the Company’s 6.50% Series C Cumulative Term Preferred
Stock (“Series C Term Preferred Stock”) for each of October,
November and December, 2016, payable per the table below. The
Series C Term Preferred Stock trades on the NASDAQ under the symbol
“GAINN.”
Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
October
19 |
October
21 |
October
31 |
$ |
0.135417 |
|
November
15 |
November
17 |
November
30 |
$ |
0.135417 |
|
December
16 |
December
20 |
December
30 |
$ |
0.135417 |
|
Total for the Quarter: |
$ |
0.406251 |
|
Series D Term Preferred Stock: $0.15190972 per
share of the Company’s 6.25% Series D Cumulative Term Preferred
Stock (“Series D Term Preferred Stock”) for the prorated period
from and including the issuance date (September 26, 2016) to and
including September 30, 2016, plus the full month of October 2016,
and $0.13020833 per share of the Series D Term Preferred Stock for
each of November and December 2016, payable per the table below.
The Term Preferred Stock trades on the NASDAQ under the symbol
“GAINM.”
Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
October
19 |
October
21 |
October
31 |
$ |
0.15190972 |
|
November
15 |
November
17 |
November
30 |
$ |
0.13020833 |
|
December
16 |
December
20 |
December
30 |
$ |
0.13020833 |
|
Total for the Quarter: |
$ |
0.41232638 |
|
The Company offers a dividend reinvestment plan
(the “DRIP”) to its common stockholders. For more information
regarding the DRIP, please visit www.gladstoneinvestment.com.
Earnings Announcement:
The Company also announced today that it plans to report
earnings after the stock market closes on Wednesday, November 2,
2016, for the second quarter ended September 30, 2016. The Company
will hold a conference call on Thursday, November 3, 2016 at 8:30
a.m. EDT to discuss its earnings results. Please call (855)
376-7516 to enter the conference call. An operator will
monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour
after the call and will be accessible through December 3,
2016. To hear the replay, please dial (855) 859-2056 and use
playback conference number 46685375.
The live audio broadcast of the Company’s conference call will
be available online at www.gladstoneinvestment.com. The event
will be archived and available for replay on the Company’s website
through January 3, 2017.
If you have questions prior to or following the earnings release
you may e-mail them to info@gladstonecompanies.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.
For further information: Gladstone Investment Corporation, +1-703-287-5893
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