MCLEAN, Va., April 12, 2011 /PRNewswire/ -- Gladstone
Investment Corporation (Nasdaq: GAIN) (the "Company") announced
today that its board of directors declared monthly cash
distributions of $0.045 per share of
common stock for each of the months April, May and June of
2011.
(Logo:
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)
|
Summary
Table for Cash Distributions for Quarter Ending June 30,
2011:
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|
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Declaration
Date
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Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
|
April
12
|
April
20
|
April
22
|
April
29
|
$ 0.045
|
|
|
April
12
|
May
18
|
May
20
|
May
31
|
$ 0.045
|
|
|
April
12
|
June
16
|
June
20
|
June
30
|
$ 0.045
|
|
|
Total for
the Quarter:
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$ 0.135
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|
|
|
|
|
|
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The quarter ending June 30, 2011
distributions represent a 12.5% increase from the distributions
declared by the Company for the quarter ended March 31, 2011.
In accordance with section 855(a) of the Internal Revenue Code,
the Company elects to treat a portion of the distributions to be
paid in April 2011 as having been
paid during the fiscal tax year ended March
31, 2011.
The Company offers a dividend reinvestment plan (the "DRIP") to
its 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.
SOURCE Gladstone Investment Corporation