Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Shares Up 0.7%

Shares of Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) were up 0.7% during mid-day trading on Tuesday . The stock traded as high as $24.06 and last traded at $24.06. Approximately 3,310 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 5,423 shares. The stock had previously closed at $23.90.

Gladstone Investment Co. 5.00% Notes Due 2026 Price Performance

The company’s fifty day moving average is $24.02 and its 200-day moving average is $23.81.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Stockholders of record on Monday, April 15th will be paid a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a dividend yield of 5.20%. The ex-dividend date is Friday, April 12th.

About Gladstone Investment Co. 5.00% Notes Due 2026

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside.