Gladstone Investment Corporation (NASDAQ: GAIN) has announced its monthly cash distributions for April, May, and June 2025, as well as a supplemental distribution to common stockholders. The distributions for the three months will be $0.08 per share of common stock, with an additional supplemental distribution of $0.54 per share of common stock in June 2025. The total cash distribution for the quarter will be $0.78 per share of common stock.
The record and payment dates for the distributions are as follows: For the $0.08 distributions, the record dates are April 21, May 21, and June 4, with corresponding payment dates of April 30, May 30, and June 13. For the $0.54 supplemental distribution, the record date is June 4, and the payment date is June 30.
Additionally, the company has announced its plan to report earnings for its fourth fiscal quarter ended March 31, 2025.
It's important to note that the company offers a Dividend Reinvestment Plan (DRIP) to its common stockholders, providing them with the option to reinvest their cash distributions into additional shares.
This press release indicates a specific focus on providing regular and supplemental cash distributions to common stockholders, potentially reflecting the company's strong financial performance and commitment to delivering value to its investors. Following these announcements, the company's shares moved -1.1%, and are now trading at a price of $11.77. If you want to know more, read the company's complete 8-K report here.
