MCLEAN, Va., July 12, 2011 /PRNewswire/ -- Gladstone
Investment Corporation (Nasdaq: GAIN) (the "Company") announced
today that its board of directors declared monthly cash
distributions of $0.050 per share of
common stock for each of the months July, August and September of
2011, payable per the table below.
(Logo:
http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT)
|
Summary Table for Cash
Distributions for Quarter Ending September 30, 2011:
|
|
|
Declaration
Date
|
Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
|
July
12
|
July
20
|
July
22
|
July
29
|
$ 0.050
|
|
|
July
12
|
August
17
|
August
19
|
August
31
|
$ 0.050
|
|
|
July
12
|
September
20
|
September
22
|
September
30
|
$ 0.050
|
|
|
Total for
the Quarter:
|
$ 0.150
|
|
|
|
|
|
|
|
|
The quarter ending September 30,
2011 distributions represent an 11.1% increase from the
distributions declared by the Company for the quarter ended
June 30, 2011 and a 25% increase from
the distributions declared by the Company for the quarter 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