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

Gladstone Investment Co. 4.875% Notes due 2028 (NASDAQ:GAINZ) is projected to post its resultson Wednesday, May 13th. Analysts expect Gladstone Investment Co. 4.875% Notes due 2028 to post earnings of $0.2140 per share and revenue of $25.8010 million for the quarter.

Gladstone Investment Co. 4.875% Notes due 2028 Price Performance

GAINZ stock opened at $24.17 on Wednesday. Gladstone Investment Co. 4.875% Notes due 2028 has a twelve month low of $22.72 and a twelve month high of $24.30. The company’s 50 day moving average is $24.03 and its two-hundred day moving average is $23.97.

Gladstone Investment Co. 4.875% Notes due 2028 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th were issued a dividend of $0.3047 per share. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $1.22 dividend on an annualized basis and a yield of 5.0%.

Gladstone Investment Co. 4.875% Notes due 2028 Company Profile

Gladstone Investment Co 4.875% Notes due 2028 (NASDAQ:GAINZ) are senior unsecured debt securities issued by Gladstone Investment Corporation, a business development company that provides capital to small and mid-sized private U.S. businesses. The notes pay a fixed annual interest rate of 4.875% and mature in 2028, offering investors a defined income stream while supporting the company’s lending and equity investment activities.

Proceeds from the issuance of GAINZ notes are used to finance Gladstone Investment Corporation’s core investment strategy, which includes first-lien debt, subordinated debt and equity investments in privately held companies.