×

Gladstone Investment Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions for October, November and December 2012

MCLEAN, Va., Oct. 10, 2012 /PRNewswire/ -- Gladstone Investment Corporation (NASDAQ: GAIN) (the "Company") announced today that its board of directors declared monthly cash distributions:

(Logo: http://photos.prnewswire.com/prnh/20101005/GLADSTONEINVESTMENT )

$0.050 per share of common stock for each of October, November and December 2012, payable per Table 1 below. The Company has paid 87 consecutive monthly cash distributions on its common stock as well as a bonus dividend payment in March 2012.

Table 1: Summary Table for Common Stock cash distributions for the quarter ending December 31, 2012:

Declaration Date

Ex-Dividend Date

Record Date

Payment Date

Cash Distribution

October 10

October 18

October 22

October 31

$ 0.05

October 10

November 15

November 19

November 30

$ 0.05

October 10

December 17

December 19

December 31

$ 0.05

Total for the Quarter:

$ 0.15

$0.1484375 per share of the Company's 7.125% Series A Cumulative Term Preferred Stock ("Term Preferred Stock") for each of October, November and December 2012, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GAINP."

Table 2: Summary Table for Term Preferred Stock cash distributions for the quarter ending December 31, 2012:

Declaration Date

Ex-Dividend Date

Record Date

Payment Date

Cash Distribution

October 10

October 18

October 22

October 31

$ 0.1484375

October 10

November 15

November 19

November 30

$ 0.1484375

October 10

December 17

December 19

December 31

$ 0.1484375

Total for the Quarter:

$ 0.4453125

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.

Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

SOURCE Gladstone Investment Corporation