Gladstone Investment Announces Monthly Cash Distributions for January, February and March 2025, and Earnings Release and Conference Call Dates for the Third Fiscal Quarter

Rhea-AI Summary

Gladstone Investment (GAIN) has announced monthly cash distributions of $0.08 per share for common stockholders for January, February, and March 2025, totaling $0.24 for the quarter. The distributions will be paid on January 31, February 28, and March 31, 2025, to stockholders of record on January 24, February 19, and March 19, respectively.

The company will report its third fiscal quarter earnings (ended December 31, 2024) after market close on February 12, 2025, followed by a conference call on February 13, 2025, at 8:30 a.m. Eastern Time. A dividend reinvestment plan (DRIP) is available to common stockholders. The conference call replay will be accessible through February 20, 2025.

Positive

• Consistent quarterly dividend distribution maintained at $0.24
• Dividend reinvestment plan (DRIP) available for shareholders

Negative

• None.

Insights

Financial Analyst

The announcement of $0.08 monthly distributions, totaling $0.24 for Q1 2025, maintains GAIN's consistent dividend policy. With a market cap of $460.6M, this distribution represents an annualized dividend yield of approximately 7.5% at current market prices - notably attractive in the current market environment.

The stability in distribution amounts signals management's confidence in the company's underlying portfolio performance and cash flow generation capabilities. However, investors should note that this is a continuation of the existing distribution level rather than an increase, suggesting a conservative approach to capital allocation in the current economic climate.

The dividend reinvestment plan (DRIP) offering provides shareholders with a valuable tool for compound growth, particularly beneficial in the business development company (BDC) sector where regular distributions are a key component of total returns. The timing of the earnings release in mid-February will be important for understanding the sustainability of these distributions and the overall health of GAIN's investment portfolio.

MCLEAN, VA / ACCESSWIRE / January 14, 2025 / 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 third fiscal quarter ended December 31, 2024.

Common Stock: $0.08 per share of common stock for each January, February and March 2025 payable per the table below.

Record Date	Payment Date		Cash Distribution
January 24	January 31		$	0.08
February 19	February 28		$	0.08
March 19	March 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 Wednesday, February 12, 2025, for its third fiscal quarter ended December 31, 2024. The Company will hold a conference call on Thursday, February 13, 2025 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 February 20, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13750255.

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 (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 Gladstone Investment's (GAIN) dividend distribution for Q1 2025?

Gladstone Investment (GAIN) will distribute $0.08 per share monthly for January, February, and March 2025, totaling $0.24 for the quarter.

When will GAIN report its Q3 FY2024 earnings?

GAIN will report its third fiscal quarter earnings on February 12, 2025, after market close.

What are the record dates for GAIN's Q1 2025 dividend payments?

The record dates are January 24, February 19, and March 19, 2025.

When is GAIN's Q3 FY2024 earnings conference call?

The earnings conference call is scheduled for February 13, 2025, at 8:30 a.m. Eastern Time.

How long will GAIN's Q3 FY2024 earnings call replay be available?

The conference call replay will be available through February 20, 2025.