Gladstone Investment Announces Monthly Cash Distributions for July, August and September 2021, a Supplemental Distribution to Common Stockholders and First Fiscal Quarter Earnings Release and Conference Call Dates
Gladstone Investment Corporation (NASDAQ:GAIN) has declared monthly cash distributions for the third quarter of 2021, with $0.07 per share for July, August, and September, plus an additional $0.03 supplemental distribution in September. The total cash distribution for common stockholders amounts to $0.24 for the quarter. Series E Term Preferred Stock will also receive distributions of $0.1328125 per share. The company plans to report its first fiscal quarter earnings on August 2, 2021, followed by a conference call on August 3, 2021.
- Monthly cash distribution of $0.07 per share for July, August, and September 2021.
- Supplemental distribution of $0.03 per share in September 2021.
- Total cash distribution for common stockholders for the quarter is $0.24.
- Series E Term Preferred Stock distributions of $0.1328125 per share.
- None.
MCLEAN, VA / ACCESSWIRE / July 13, 2021 / Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to preferred and common stockholders. The Company also announced its plan to report earnings for its first fiscal quarter ended June 30, 2021.
The Company will also pay a supplemental distribution of
Common Stock:
Record Date | Payment Date | Cash Distribution | |||
July 23 | July 30 | $ | 0.07 | ||
August 23 | August 31 | $ | 0.07 | ||
September 3 | September 15 | $ | 0.03 | * | |
September 22 | September 30 | $ | 0.07 | ||
Total for the Quarter: | $ | 0.24 | |||
*Denotes supplemental distribution to common stockholders
Series E Term Preferred Stock:
Record Date | Payment Date | Cash Distribution | |||
July 23 | July 30 | $ | 0.1328125 | ||
August 23 | August 31 | $ | 0.1328125 | ||
September 22 | September 30 | $ | 0.1328125 | ||
Total for the Quarter: | $ | 0.3984375 | |||
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 Monday, August 2, 2021, for its first fiscal quarter ended June 30, 2021. The Company will hold a conference call on Tuesday, August 3, 2021 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 10, 2021. To hear the replay, please dial (877) 660-6853 and use playback conference number 13719719.
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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FAQ
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