Gladstone Investment Announces Monthly Cash Distributions for January, February and March, 2015 and Third Fiscal Quarter Earn...
January 13 2015 - 4:30PM
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 third fiscal quarter ended December 31, 2014:
Regular Monthly Cash Distributions:
Common Stock: $0.06 per share of common stock
for each of January, February and March, 2015, payable per Table 1
below. The Company has paid 114 consecutive monthly cash
distributions on its common stock.
Table 1: Summary Table for
Common Stock cash distributions: |
Ex-Dividend
Date |
Record Date |
Payment Date |
Cash
Distribution |
January 21 |
January 23 |
February 3 |
$ 0.06 |
February 13 |
February 18 |
February 27 |
$ 0.06 |
March 18 |
March 20 |
March 31 |
$ 0.06 |
Total for the
Quarter: |
$ 0.18 |
Series A Term Preferred Stock: $0.1484375 per
share of the Company's 7.125% Series A Cumulative Term Preferred
Stock ("Series A Term Preferred Stock") for each of January,
February and March, 2015, payable per Table 2 below. The Term
Preferred Stock trades on the NASDAQ under the symbol "GAINP."
Table 2: Summary Table for
Series A Term Preferred Stock cash distributions: |
Ex-Dividend
Date |
Record Date |
Payment Date |
Cash
Distribution |
January 21 |
January 23 |
February 3 |
$ 0.1484375 |
February 13 |
February 18 |
February 27 |
$ 0.1484375 |
March 18 |
March 20 |
March 31 |
$ 0.1484375 |
Total for the
Quarter: |
$ 0.4453125 |
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, 2015, payable per Table 3 below. The Series B
Term Preferred Stock trades on the NASDAQ under the symbol
"GAINO."
Table 3: Summary Table for
Series B Term Preferred Stock cash distributions: |
Ex-Dividend
Date |
Record Date |
Payment Date |
Cash
Distribution |
January 21 |
January 23 |
February 3 |
$ 0.140625 |
February 13 |
February 18 |
February 27 |
$ 0.140625 |
March 18 |
March 20 |
March 31 |
$ 0.140625 |
Total for the
Quarter: |
$ 0.421875 |
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, February 4,
2015, for the third quarter ended December 31, 2014. The Company
will hold a conference call on Thursday, February 5, 2015, 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 5, 2015. To
hear the replay, please dial (855) 859-2056 and use playback
conference number 17240982.
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 5, 2015.
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.
CONTACT: Gladstone Investment Corporation, +1-703-287-5893
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