MCLEAN, Va., July 10, 2012 /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
)
$0.050
per share of common stock for each of July, August and September 2012, payable per Table 1 below.
The Company has paid 84 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 September 30, 2012:
|
Declaration Date
|
Ex-Dividend Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
July
10
|
July
18
|
July
20
|
July
31
|
$
0.05
|
|
July
10
|
August
20
|
August
22
|
August
31
|
$
0.05
|
|
July
10
|
September 17
|
September 19
|
September 28
|
$
0.05
|
|
Total
for the Quarter:
|
$
0.15
|
$0.1484375 per share of the Company's 7.125%
Series A Cumulative Term Preferred Stock ("Term Preferred Stock")
for each of July, August and September
2012, payable per Table 2 below. 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
September 30, 2012:
|
Declaration Date
|
Ex-Dividend Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
July
10
|
July
18
|
July
20
|
July
31
|
$
0.1484375
|
|
July
10
|
August
20
|
August
22
|
August
31
|
$
0.1484375
|
|
July
10
|
September 17
|
September 19
|
September 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.
The Company would like to remind all its stockholders to please
vote their shares for the items listed on the proxy for the
upcoming annual meeting of stockholders to be held on Thursday, August 9, 2012 at the Hilton McLean
Tysons Corner located at 7920 Jones Branch Drive, McLean, Virginia. Stockholders can vote by
calling (800) 690-6903 or visiting www.proxyvote.com and using the
control number listed on their proxy card.
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
