Volkswagen Launches €28,000 ID. Cross EV as Europe’s Electric Vehicle Demand Accelerates 
Apple Intelligence Cleared for China as Alibaba and Baidu AI Power iPhone Features 
Alibaba Stock Jumps as China Approves Apple Intelligence Powered by Qwen AI 
Rio Tinto Reports Strong Q2 Iron Ore Sales, Maintains 2026 Production Outlook 
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand 
Arm Stock Falls After HSBC Downgrade, Citing Limited Near-Term AI Upside 
SK Hynix Stock Soars as AI Memory Demand Outlook Fuels Chip Rally 
ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings 
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process 
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 
Stripe, Advent Offer $53 Billion Deal to Acquire PayPal: Reuters 
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings 
DeepSeek Eyes China IPO as AI Startup Seeks $71 Billion Valuation in New Funding Round 
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Stellantis Q2 Vehicle Shipments Rise 10% as North America Drives Growth 
Nippon Paint Reportedly Offers Up to €7.5 Billion for Akzo Nobel Decorative Paints Business 
MCLEAN, Va., Jan. 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (NASDAQ:GAIN) (the “Company”) announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the third fiscal quarter ended December 31, 2015.
Regular Monthly Cash Distributions:
Common Stock: $0.0625 per share of common stock for each of January, February, and March, 2016, payable per Table 1 below. The Company has paid 126 consecutive monthly cash distributions on its common stock.
| Table 1: Summary Table for Common Stock cash distributions: | |||||
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution | ||
| January 20 | January 22 | February 2 | $ | 0.0625 | |
| February 16 | February 18 | February 29 | $ | 0.0625 | |
| March 17 | March 21 | March 31 | $ | 0.0625 | |
| Total for the Quarter: | $ | 0.1875 | |||
Series A Term Preferred Stock: $0.1484375 per share of the Company’s 7.125% Series A Cumulative Term Preferred Stock (“Series A Term Preferred Stock”) for each of January, February, and March, 2016, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol “GAINP.”
| Table 2: Summary Table for Series A Term Preferred Stock cash distributions: | |||||
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution | ||
| January 20 | January 22 | February 2 | $ | 0.1484375 | |
| February 16 | February 18 | February 29 | $ | 0.1484375 | |
| March 17 | March 21 | March 31 | $ | 0.1484375 | |
| Total for the Quarter: | $ | 0.4453125 | |||
Series B Term Preferred Stock: $0.140625 per share of the Company’s 6.75% Series B Cumulative Term Preferred Stock (“Series B Term Preferred Stock”) for each of January, February, and March, 2016, payable per Table 3 below. The Series B Term Preferred Stock trades on the NASDAQ under the symbol “GAINO.”
| Table 3: Summary Table for Series B Term Preferred Stock cash distributions: | |||||
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution | ||
| January 20 | January 22 | February 2 | $ | 0.140625 | |
| February 16 | February 18 | February 29 | $ | 0.140625 | |
| March 17 | March 21 | March 31 | $ | 0.140625 | |
| Total for the Quarter: | $ | 0.421875 | |||
Series C Term Preferred Stock: $0.135417 per share of the Company’s 6.50% Series C Cumulative Term Preferred Stock (“Series C Term Preferred Stock”) for each of January, February, and March, 2016, payable per Table 4 below. The Series C Term Preferred Stock trades on the NASDAQ under the symbol “GAINN.”
| Table 4: Summary Table for Series C Term Preferred Stock cash distributions: | |||||
| Ex-Dividend Date | Record Date | Payment Date | Cash Distribution | ||
| January 20 | January 22 | February 2 | $ | 0.135417 | |
| February 16 | February 18 | February 29 | $ | 0.135417 | |
| March 17 | March 21 | March 31 | $ | 0.135417 | |
| Total for the Quarter: | $ | 0.406250 | |||
The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.
Earnings Announcement:
The Company also announced today that it plans to report earnings after the stock market closes on Wednesday, February 3, 2016, for the third quarter ended December 31, 2015. The Company will hold a conference call on Thursday, February 4, 2016 at 8:30 a.m. EST to discuss its earnings results. Please call (855) 376-7516 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour after the call and will be accessible through March 4, 2016. To hear the replay, please dial (855) 859-2056 and use playback conference number 61212829.
The live audio broadcast of the Company’s conference call will be available online at www.gladstoneinvestment.com. The event will be archived and available for replay on the Company’s website through April 4, 2016.
If you have questions prior to or following the earnings release you may e-mail them to [email protected].
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.
For further information: Gladstone Investment Corporation, +1-703-287-5893
