Gladstone Investment Co. 4.875% Notes due 2028 (GAINZ) Expected to Post Earnings on Tuesday

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) is expected to be posting its results after the market closes on Tuesday, November 10th. Analysts expect Gladstone Investment Co. 4.875% Notes due 2028 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 Up 0.1%

GAINZ traded up $0.02 during trading on Tuesday, reaching $24.07. 1,013 shares of the stock were exchanged, compared to its average volume of 8,357. The business’s 50 day moving average price is $24.19 and its two-hundred day moving average price is $24.08. Gladstone Investment Co. 4.875% Notes due 2028 has a 1 year low of $23.68 and a 1 year high of $24.50.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, November 1st. Stockholders of record on Thursday, October 15th were given a $0.3047 dividend. The ex-dividend date was Thursday, October 15th. This represents a $1.22 dividend on an annualized basis 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.