Gladstone Investment Corporation Announces Dividend for Its Newly Issued Series C Term Preferred Stock
May 14 2015 - 4:48PM
Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company")
announced today that on May 14, 2015, its board of directors
declared the following cash dividend.
Term Preferred Stock: A
combined total dividend of $0.221181 per share of the Company's
6.50% Series C Cumulative Term Preferred Stock ("Series C Term
Preferred Stock"), payable per the table below. The dividend is
comprised of a full monthly dividend amount for June 2015
($0.135417) and a pro-rated monthly dividend amount for May 2015
($0.085764), reflecting the number of days the Series C Term
Preferred Stock was issued and outstanding during the month of May
2015. The Series C Term Preferred Stock trades on the NASDAQ under
the symbol "GAINN."
Summary Table for Series C Term Preferred Stock cash
dividends:
Ex-Dividend Date |
Record Date |
Payment Date |
Cash Dividend |
June 17, 2015 |
June 19, 2015 |
June 30, 2015 |
$0.221181 |
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: For further information: Gladstone Investment
Corporation, +1-703-287-5893
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