Gladstone Investment Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions for... -- MCLEAN, Va., Jan. 8, 2013 /PRNewswire/ --
MCLEAN, Va., Jan. 8, 2013 /PRNewswire/ -- [ Gladstone Investment Corporation ] (NASDAQ: [ GAIN ]) (the "Company") announced today that its board of directors declared monthly cash distributions:
(Logo: [ http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT ] )
Common Stock
$0.050 per share of common stock for each of January, February and March 2013, payable per Table 1 below. The Company has paid 90 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 March 31, 2013:
Declaration Date | Ex-Dividend Date | Record Date | Payment Date | Cash Distribution |
January 8 | January 16 | January 18 | January 31 | $ 0.05 |
January 8 | February 13 | February 15 | February 28 | $ 0.05 |
January 8 | March 13 | March 15 | March 28 | $ 0.05 |
Total for the Quarter: | $ 0.15 | |||
Term Preferred Stock
$0.1484375 per share of the Company's 7.125% Series A Cumulative Term Preferred Stock ("Term Preferred Stock") for each of January, February and March 2013, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GAINP."
Table 2: Summary Table for Term Preferred Stock cash distributions for the quarter ending March 31, 2013:
Declaration Date | Ex-Dividend Date | Record Date | Payment Date | Cash Distribution |
January 8 | January 16 | January 18 | January 31 | $ 0.1484375 |
January 8 | February 13 | February 15 | February 28 | $ 0.1484375 |
January 8 | March 13 | March 15 | March 28 | $ 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 ].
SOURCE Gladstone Investment Corporation
