Gladstone Investment Announces Increase in Monthly Cash Distributions for October, November, and December 2022, a Supplemental Distribution to Common Stockholders, and Second Fiscal Quarter Earnings Release and Conference Call Dates

Rhea-AI Summary

Gladstone Investment Corporation (Nasdaq: GAIN) has declared cash distributions of $0.08 per share for October, November, and December 2022, along with a supplemental distribution of $0.12 per share in December. Total distributions for the quarter amount to $0.36 per share. Earnings for the second fiscal quarter ending September 30, 2022, will be reported on November 1, 2022, with a conference call scheduled for November 2, 2022, at 8:30 a.m. ET. The company offers a dividend reinvestment plan (DRIP) for stockholders.

Positive

• Monthly cash distributions remain consistent at $0.08 per share for three months and an additional $0.12 in December.
• Total cash distributions for the quarter amount to $0.36 per share.
• On track to report earnings on November 1, 2022, indicating transparency with investors.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / October 11, 2022 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its second fiscal quarter ended September 30, 2022.

Common Stock: $0.08 per share of common stock for each of October, November and December 2022, and a supplemental distribution of $0.12 per share of common stock in December 2022, all payable per the table below.

Record Date	Payment Date	Cash Distribution
October 21	October 31	$0.08
November 18	November 30	$0.08
December 6	December 15	$0.12
December 20	December 30	$0.08
Total for the Quarter:		$0.36

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.

The Company also announced today that it plans to report earnings after the stock market closes on Tuesday, November 1, 2022, for its second fiscal quarter ended September 30, 2022. The Company will hold a conference call on Wednesday, November 2, 2022 at 8:30 a.m. Eastern Time to discuss its earnings results. Please call (866) 373-3416 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 November 9, 2022. To hear the replay, please dial (877) 660-6853 and use playback conference number 13732343.

The live audio broadcast of the Company's conference call will be available online at www.gladstoneinvestment.com. The event will also be archived and available for replay on the Company's website.

About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market 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.

Source: Gladstone Investment Corporation

Investor Relations Inquiries: Please visit www.gladstonecompanies.com or +1-703-287-5893.

Forward-looking Statements:

The statements in this press release regarding potential future distributions, earnings and operations of the Company are "forward-looking statements." These forward-looking statements inherently involve certain risks and uncertainties in predicting future results and conditions. Although these statements are based on the Company's current plans that are believed to be reasonable as of the date of this press release, a number of factors could cause actual results and conditions to differ materially from these forward-looking statements, including those factors described from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect any future events or otherwise, except as required by law.

SOURCE: Gladstone Investment Corporation

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https://www.accesswire.com/719935/Gladstone-Investment-Announces-Increase-in-Monthly-Cash-Distributions-for-October-November-and-December-2022-a-Supplemental-Distribution-to-Common-Stockholders-and-Second-Fiscal-Quarter-Earnings-Release-and-Conference-Call-Dates

FAQ

What is the cash distribution amount for GAIN in October 2022?

Gladstone Investment Corporation declared a cash distribution of $0.08 per share for October 2022.

When will Gladstone Investment report its second fiscal quarter earnings?

Gladstone Investment plans to report its earnings on November 1, 2022.

What is the total cash distribution for GAIN in the fourth quarter of 2022?

The total cash distribution for the fourth quarter of 2022 is $0.36 per share.

Is there a supplemental distribution for GAIN in December 2022?

Yes, there is a supplemental distribution of $0.12 per share in December 2022.

What dates are the cash distributions for GAIN scheduled?

The cash distributions for GAIN are scheduled for October 31, November 30, and December 15, 2022.