Gladstone Investment Corporation Announces Common and Term
Preferred Stock Monthly Cash Distributions for January, February
and March 2013
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