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Gladstone Investment Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions for April, May and June 2


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Gladstone Investment Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions... -- MCLEAN, Va., April 11, 2012 /PRNewswire/ --

Gladstone Investment Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions for April, May and June 2012

[ ]

MCLEAN, Va., April 11, 2012 /PRNewswire/ -- [ Gladstone Investment Corporation ] (NASDAQ: [ GAIN ]) (the "Company") announced today that its board of directors declared monthly cash distributions:

$0.050 per share of common stock for each of April, May and June 2012, payable per Table 1 below.  The Company has paid 81 consecutive monthly cash distributions on its common stock as well as a bonus dividend payment in March 2012.

Table 1: Summary Table for Common Stock cash distributions for the quarter ending June 30, 2012:

Declaration

Date

Ex-Dividend

Date

Record Date

Payment Date

Cash Distribution

April 11

April 18

April 20

April 30

$ 0.05

April 11

May 16

May 18

May 31

$ 0.05

April 11

June 18

June 20

June 29

$ 0.05

Total for the Quarter:

$ 0.15

In accordance with Section 855(a) of the Internal Revenue Code, the Company elects to treat a portion of the distributions to be paid in April 2012 as having been paid during the fiscal tax year ended March 31, 2012.

$0.1484375 per share of the Company's 7.125% Series 2017 Term Preferred Stock "Term Preferred Stock") for each of April, May and June  2012. The Term Preferred Stock trades on the NASDAQ under the symbol "GAINP." Monthly distributions will be payable per Table 2 below.

Table 2: Summary Table for Term Preferred Stock cash distributions for the quarter ending June 30, 2012:

Declaration

Date

Ex-Dividend

Date

Record Date

Payment Date

Cash Distribution

April 11

April 18

April 20

April 30

$ 0.1484375

April 11

May 16

May 18

May 31

$ 0.1484375

April 11

June 18

June 20

June 29

$ 0.1484375

Total for the Quarter:

$ 0.4453125

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit [ www.gladstoneinvestment.com ].

[ Gladstone Investment Corporation ] is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized 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 ].

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit [ www.gladstone.com ].

(Logo: [ http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT ] )

SOURCE Gladstone Investment Corporation

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[ http://www.gladstoneinvestment.com ]


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