STOCK TITAN

Gladstone Investment Announces Monthly Cash Distributions for October, November and December 2024, and Earnings Release and Conference Call Dates for the Second Fiscal Quarter

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
conferences earnings

Gladstone Investment (Nasdaq:GAIN) has announced monthly cash distributions of $0.08 per share for common stockholders in October, November, and December 2024. The total distribution for the quarter amounts to $0.24 per share. The company offers a dividend reinvestment plan (DRIP) for its common stockholders.

Additionally, Gladstone Investment plans to report earnings for its second fiscal quarter ended September 30, 2024, after the stock market closes on Thursday, November 7, 2024. A conference call to discuss the earnings results is scheduled for Friday, November 8, 2024, at 8:30 a.m. Eastern Time. Investors can access the call by dialing (866) 424-3437, and a replay will be available until November 15, 2024, by dialing (877) 660-6853 with playback conference number 13748840.

Gladstone Investment (Nasdaq:GAIN) ha annunciato distribuzioni mensili in contante di $0.08 per azione per gli azionisti comuni nei mesi di ottobre, novembre e dicembre 2024. La distribuzione totale per il trimestre ammonta a $0.24 per azione. L'azienda offre un piano di reinvestimento dei dividendi (DRIP) per i suoi azionisti comuni.

Inoltre, Gladstone Investment prevede di comunicare i risultati economici per il secondo trimestre fiscale conclusosi il 30 settembre 2024, dopo la chiusura del mercato azionario di giovedì 7 novembre 2024. Una conferenza telefonica per discutere i risultati economici è programmata per venerdì 8 novembre 2024, alle 8:30 ora orientale. Gli investitori possono accedere alla telefonata componendo il numero (866) 424-3437, e una registrazione sarà disponibile fino al 15 novembre 2024, componendo il numero (877) 660-6853 con il numero della conferenza di riproduzione 13748840.

Gladstone Investment (Nasdaq:GAIN) ha anunciado distribuciones de efectivo mensuales de $0.08 por acción para los accionistas comunes en octubre, noviembre y diciembre de 2024. La distribución total para el trimestre asciende a $0.24 por acción. La compañía ofrece un plan de reinversión de dividendos (DRIP) para sus accionistas comunes.

Además, Gladstone Investment planea informar sobre las ganancias de su segundo trimestre fiscal que finalizó el 30 de septiembre de 2024, después del cierre del mercado de valores el jueves 7 de noviembre de 2024. Se ha programado una conferencia telefónica para discutir los resultados de ganancias para el viernes 8 de noviembre de 2024, a las 8:30 a.m. hora del Este. Los inversores pueden acceder a la llamada marcando el (866) 424-3437, y se dispondrá de una repetición hasta el 15 de noviembre de 2024, marcando el (877) 660-6853 con el número de conferencia de reproducción 13748840.

Gladstone Investment (Nasdaq:GAIN)는 2024년 10월, 11월 및 12월에 보통 주주를 위한 월간 현금 배당금을 주당 $0.08로 발표했습니다. 분기 총 배당금은 주당 $0.24에 해당합니다. 회사는 보통 주주를 위한 배당금 재투자 계획(DRIP)을 제공합니다.

추가로, Gladstone Investment는 2024년 9월 30일에 종료된 두 번째 회계 분기의 실적 발표2024년 11월 7일 목요일 주식 시장 마감 후에 진행할 예정입니다. 실적 발표를 논의하기 위한 컨퍼런스 콜은 2024년 11월 8일 금요일 오전 8:30 동부 표준시에 예정되어 있습니다. 투자자는 (866) 424-3437로 전화하여 콜에 참여할 수 있으며, 재생은 2024년 11월 15일까지 (877) 660-6853로 전화하여 컨퍼런스 재생 번호 13748840으로 이용할 수 있습니다.

Gladstone Investment (Nasdaq:GAIN) a annoncé des distributions mensuelles en espèces de 0,08 $ par action pour les actionnaires ordinaires en octobre, novembre et décembre 2024. La distribution totale pour le trimestre s'élève à 0,24 $ par action. L'entreprise propose un plan de réinvestissement des dividendes (DRIP) pour ses actionnaires ordinaires.

De plus, Gladstone Investment prévoit de faire rapport sur les résultats de son deuxième trimestre fiscal clôturé le 30 septembre 2024, après la fermeture des marchés boursiers le jeudi 7 novembre 2024. Un appel conférence pour discuter des résultats financiers est prévu pour vendredi 8 novembre 2024, à 8h30 heure de l'Est. Les investisseurs peuvent accéder à l'appel en composant le (866) 424-3437, et une rediffusion sera disponible jusqu'au 15 novembre 2024, en composant le (877) 660-6853 avec le numéro de conférence de diffusion 13748840.

Gladstone Investment (Nasdaq:GAIN) hat monatliche Barzahlungen von 0,08 $ pro Aktie für die Aktionäre im Oktober, November und Dezember 2024 angekündigt. Die Gesamtauszahlung für das Quartal beträgt 0,24 $ pro Aktie. Das Unternehmen bietet ein Dividenden-Reinvestitionsprogramm (DRIP) für seine Aktionäre an.

Darüber hinaus plant Gladstone Investment, die Ergebnisse des zweiten Geschäftsjahrs, das am 30. September 2024 endete, nach dem Börsenschluss am Donnerstag, den 7. November 2024 zu melden. Eine Telefonkonferenz zur Diskussion der Ergebnisse ist für Freitag, den 8. November 2024 um 08:30 Uhr Eastern Time angesetzt. Investoren können anrufen unter (866) 424-3437, und eine Aufzeichnung wird bis zum 15. November 2024 verfügbar sein unter (877) 660-6853 mit der Konferenz-Playback-Nummer 13748840.

Positive
  • Consistent monthly cash distributions of $0.08 per share for October, November, and December 2024
  • Total quarterly distribution of $0.24 per share
  • Dividend reinvestment plan (DRIP) available for common stockholders
Negative
  • None.

Insights

Gladstone Investment 's announcement of consistent monthly cash distributions of $0.08 per share for Q4 2024 signals stability in their dividend policy. The total quarterly distribution of $0.24 per share maintains their commitment to shareholder returns. This consistency is generally viewed positively by income-focused investors, especially in the current economic climate.

The company's decision to maintain its dividend suggests confidence in their cash flow and overall financial health. However, investors should note that past distributions don't guarantee future ones. The upcoming earnings report on November 7, 2024, will be important for assessing the sustainability of these distributions and the company's overall performance.

The dividend reinvestment plan (DRIP) offers shareholders a way to compound their investment, which can be attractive for long-term investors. However, the effectiveness of this strategy depends on the company's future performance and stock price movements.

Given GAIN's market cap of $487,959,271, these distributions represent a significant commitment to shareholder returns. Investors should closely monitor the upcoming earnings report for insights into the company's financial health and future dividend sustainability.

MCLEAN, VA / ACCESSWIRE / October 8, 2024 / 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, 2024.

Common Stock: $0.08 per share of common stock for each October, November and December 2024 payable per the table below.

Record Date

Payment Date

Cash Distribution

October 22

October 31

$0.08

November 20

November 29

$0.08

December 20

December 31

$0.08

Total for the Quarter:

$0.24

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 Thursday, November 7, 2024, for its second fiscal quarter ended September 30, 2024. The Company will hold a conference call on Friday, November 8, 2024 at 8:30 a.m. Eastern Time to discuss its earnings results. Please call (866) 424-3437 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 15, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13748840.

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 (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



View the original press release on accesswire.com

FAQ

What is the monthly cash distribution amount for Gladstone Investment (GAIN) in Q4 2024?

Gladstone Investment (GAIN) has declared a monthly cash distribution of $0.08 per share for each month in October, November, and December 2024.

When will Gladstone Investment (GAIN) report its Q2 2024 earnings?

Gladstone Investment (GAIN) plans to report earnings for its second fiscal quarter ended September 30, 2024, after the stock market closes on Thursday, November 7, 2024.

What is the total quarterly distribution for Gladstone Investment (GAIN) in Q4 2024?

The total quarterly distribution for Gladstone Investment (GAIN) in Q4 2024 is $0.24 per share.

When is the earnings conference call for Gladstone Investment (GAIN) Q2 2024 results?

Gladstone Investment (GAIN) will hold a conference call to discuss its Q2 2024 earnings results on Friday, November 8, 2024, at 8:30 a.m. Eastern Time.

Gladstone Investment Corporation

NASDAQ:GAIN

GAIN Rankings

GAIN Latest News

GAIN Stock Data

510.71M
36.69M
2.05%
15.14%
8.09%
Asset Management
Financial Services
Link
United States of America
MCLEAN