earnings
confidence high
sentiment positive
materiality 0.70
Gladstone Investment Q2 NII $0.34/share; raises monthly distribution to $0.08
GLADSTONE INVESTMENT CORPORATION\DE
2023-Q2 EPS reported
$0.57
- Net investment income $11.4M ($0.34/share); adjusted NII $0.29/share.
- Total investment income $20.8M, up 7.8% QoQ; weighted-average yield 12.1%.
- NAV per share $13.31, down from $13.44 on $10.6M unrealized depreciation.
- Monthly distribution raised 6.7% to $0.08/share; supplemental $0.12 in Dec.
- Invested $39.1M in Dema/Mai and $30.0M in Horizon Facilities Services.