Gladstone Investment Declares $0.08 Monthly Cash Distribution

By Tamara Parker • Wednesday, July 10 07:57 • Permanent Link

Gladstone Investment Corporation (NASDAQ: GAIN) has declared a monthly cash distribution of $0.08 per share of common stock for the months of July, August, and September 2024. The distribution will be payable on July 31, August 30, and September 30, respectively.

For the first fiscal quarter ended June 30, 2024, the total cash distribution for the quarter amounts to $0.24 per share of common stock.

It's worth noting that the company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders.

These announcements come alongside the company's plan to report earnings for its first fiscal quarter ended June 30, 2024, with the earnings release and conference call dates yet to be disclosed. Following these announcements, the company's shares moved -1.0%, and are now trading at a price of $13.92. Check out the company's full 8-K submission here.

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