Gladstone Investment Co. 4.875% Notes due 2028 (GAINZ) Projected to Release Quarterly Earnings on Tuesday

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) is expected to announce its results after the market closes on Tuesday, November 10th. Analysts expect the company to announce earnings of $0.2175 per share and revenue of $26.34 million for the quarter.

Gladstone Investment Co. 4.875% Notes due 2028 Stock Performance

Shares of NASDAQ:GAINZ traded up $0.02 on Tuesday, reaching $24.07. 1,013 shares of the company were exchanged, compared to its average volume of 8,357. Gladstone Investment Co. 4.875% Notes due 2028 has a 1-year low of $23.68 and a 1-year high of $24.50. The company has a 50-day moving average of $24.19 and a 200-day moving average of $24.08.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Sunday, November 1st. Investors of record on Thursday, October 15th were paid a $0.3047 dividend. The ex-dividend date was Thursday, October 15th. This represents a $1.22 annualized dividend and a dividend yield of 5.1%.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

Gladstone Investment Corporation is a publicly traded business development company that provides financing and equity capital to established lower middle-market businesses in the United States. Its investment strategy is designed to support companies seeking funding for buyouts, recapitalizations, growth initiatives, acquisitions and other strategic transactions.

The company typically invests in privately held businesses through a combination of secured and unsecured debt, subordinated debt and equity securities.