Gladstone Investment Corporation (Nasdaq:GAIN) announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its third fiscal quarter ended December 31, 2022.
The Company will also pay a supplemental distribution of $0.24 per share to holders of its common stock in March 2023. The board of directors will continue to evaluate the amount and timing of any additional, semi-annual or incremental, supplemental distributions in future periods.
Common Stock: $0.08 per share of common stock for each of January, February, and March 2023, and a supplemental distribution of $0.24 per share of common stock in March 2023, all payable per the table below.
Record Date | Payment Date | Cash Distribution | ||
January 20 | January 31 | $0.08 | ||
February 17 | February 28 | 0.08 | ||
March 3 | March 15 | 0.24* | ||
March 17 | March 31 | 0.08 | ||
Total for the Quarter: | $0.48 | |||
*Denotes supplemental distribution to common stockholders.
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