MCLEAN, Va., Jan. 7, 2014
/PRNewswire/ -- Gladstone Investment Corporation (NASDAQ: GAIN)
(the "Company") announced today that its board of directors
declared the following monthly cash distributions and also
announced its plan to report earnings for the third quarter ended
December 31, 2013:
(Logo:
http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT
)
Cash Distributions:
Common Stock:
$0.06 per share of common stock for
each of January, February and March
2014, payable per Table 1 below. The Company has paid
102 consecutive monthly cash distributions on its common stock.
Table 1: Summary Table for Common Stock cash
distributions:
|
Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
January 17
|
January 22
|
January 31
|
$ 0.06
|
|
February
14
|
February
19
|
February
28
|
$ 0.06
|
|
March 13
|
March 17
|
March 31
|
$ 0.06
|
|
Total for the
Quarter:
|
$ 0.18
|
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
2014, 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:
|
Ex-Dividend
Date
|
Record
Date
|
Payment
Date
|
Cash
Distribution
|
|
January 17
|
January 22
|
January 31
|
$
0.1484375
|
|
February
14
|
February
19
|
February
28
|
$
0.1484375
|
|
March 13
|
March 17
|
March 31
|
$
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.
Earnings Announcement:
The Company also announced today that it plans to report
earnings after the stock market closes on Tuesday, February 4, 2014 for the third quarter
ended December 31, 2013. The Company
will hold a conference call on Wednesday,
February 5, 2014, at 8:30 a.m.
EST to discuss its earnings results. Please call (800)
860-2442 to enter the conference call. An operator will
monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour
after the call and will be accessible through March 5, 2014. To hear the replay, please
dial (877) 344-7529 and use playback conference number
10029753.
The live audio broadcast of the Company's conference call will
be available online at www.gladstoneinvestment.com. The event
will be archived and available for replay on the Company's website
through April 7, 2014.
If you have questions prior to or following the earnings release
you may e-mail them to info@gladstonecompanies.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