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Gladstone Investment Announces Monthly Cash Distributions for July, August and September 2022 and First Fiscal Quarter Earnings Release and Conference Call Dates

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Gladstone Investment Corporation (Nasdaq: GAIN) declared cash distributions of $0.075 per share for July, August, and September 2022, totaling $0.225 for the quarter. Record dates are July 22, August 23, and September 22, with payment dates on July 29, August 31, and September 30, 2022. The company plans to report its first fiscal quarter earnings on August 3, 2022, with a conference call scheduled for August 4, 2022, at 8:30 a.m. EDT. Investors can participate in the call or access a replay until August 11, 2022.

Positive
  • Consistent monthly cash distributions of $0.075 per share for three months.
  • Total distribution of $0.225 per share for the quarter.
  • Upcoming earnings report scheduled for August 3, 2022, potentially providing insights into financial performance.
Negative
  • None.

MCLEAN, VA / ACCESSWIRE / July 12, 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 first fiscal quarter ended June 30, 2022.

Common Stock: $0.075 per share of common stock for each of July, August, and September 2022, all payable per the table below.

Record DatePayment DateCash Distribution
July 22July 29

$0.075

August 23August 31

$0.075

September 22September 30

$0.075

Total for the Quarter:

$0.225

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 Wednesday, August 3, 2022, for its first fiscal quarter ended June 30, 2022. The Company will hold a conference call on Thursday, August 4, 2022 at 8:30 a.m. EDT 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 August 11, 2022. To hear the replay, please dial (877) 660-6853 and use playback conference number 13730112.

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.

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



View source version on accesswire.com:
https://www.accesswire.com/708288/Gladstone-Investment-Announces-Monthly-Cash-Distributions-for-July-August-and-September-2022-and-First-Fiscal-Quarter-Earnings-Release-and-Conference-Call-Dates

FAQ

What are the cash distributions declared by Gladstone Investment Corporation for GAIN in 2022?

Gladstone Investment Corporation has declared cash distributions of $0.075 per share for July, August, and September 2022.

When will Gladstone Investment Corporation report its earnings for the first fiscal quarter?

Gladstone Investment Corporation plans to report its earnings on August 3, 2022.

What is the total cash distribution per share for GAIN for the quarter ending September 2022?

The total cash distribution for the quarter is $0.225 per share.

When is the conference call for discussing GAIN's earnings results?

The conference call to discuss earnings results will be held on August 4, 2022, at 8:30 a.m. EDT.

Gladstone Investment Corporation

NASDAQ:GAIN

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485.57M
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Asset Management
Financial Services
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United States of America
MCLEAN