dividend
confidence high
sentiment positive
materiality 0.65
Gladstone Investment declares $0.70 supplemental distribution for October 2024
GLADSTONE INVESTMENT CORPORATION\DE
- Supplemental distribution of $0.70 per common share, payable Oct 14, 2024 (record Oct 4).
- Distribution funded by $42.3M realized gain from exit of Nth Degree, Inc. investment.
- Also repaid $25.0M debt investment at par from the same exit.
- Quarterly board meeting on Oct 8 to declare monthly distributions for Oct-Dec.
- Dividend reinvestment plan available for common stockholders.