Gladstone Investment Announces Cash Distributions for January, February and March 2017 and Third Fiscal Quarter Earnings Rele...
January 10 2017 - 4:05PM
Gladstone Investment Corporation (NASDAQ:GAIN) (the “Company” or
“GAIN”) announced today that its board of directors declared the
following monthly cash distributions and also announced its plan to
report earnings for the third fiscal quarter ended December 31,
2016.
Common Stock: $0.0625 per share of common stock
for each of January, February and March 2017, payable per the table
below. The Company has paid 138 consecutive monthly cash
distributions on its common stock.
Ex-Dividend Date |
|
Record Date |
|
Payment Date |
|
Cash Distribution |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.0625 |
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.0625 |
March
20 |
|
March
22 |
|
March
31 |
|
$ |
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 January,
February and March 2017, 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 |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.140625 |
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.140625 |
March
20 |
|
March
22 |
|
March
31 |
|
$ |
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 January,
February and March 2017, 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 |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.135417 |
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.135417 |
March
20 |
|
March
22 |
|
March
31 |
|
$ |
0.135417 |
Total for the Quarter: |
|
$ |
0.406251 |
|
|
|
|
Series D Term Preferred Stock: $0.13020833 per
share of the Company’s 6.25% Series D Cumulative Term Preferred
Stock (“Series D Term Preferred Stock”) for each of January,
February and March 2017, payable per the table below. The Series D
Term Preferred Stock trades on the NASDAQ under the symbol
“GAINM.”
Ex-Dividend Date |
|
Record Date |
|
Payment Date |
|
Cash Distribution |
January 18 |
|
January 20 |
|
January 31 |
|
$ |
0.13020833 |
February 14 |
|
February 16 |
|
February 28 |
|
$ |
0.13020833 |
March
20 |
|
March
22 |
|
March
31 |
|
$ |
0.13020833 |
Total for the Quarter: |
|
$ |
0.39062499 |
|
|
|
|
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 Monday, February 6, 2017,
for the third quarter ended December 31, 2016. The Company will
hold a conference call on Tuesday, February 7, 2017 at 8:30 a.m.
EST 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 March 7, 2017.
To hear the replay, please dial (855) 859-2056 and use playback
conference number 56278911.
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 April 7, 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 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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