Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Trading Down 0.2% – Here’s What Happened

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) shares were down 0.2% during trading on Monday . The stock traded as low as $24.60 and last traded at $24.63. Approximately 1,901 shares traded hands during trading, a decline of 71% from the average daily volume of 6,495 shares. The stock had previously closed at $24.67.

Gladstone Investment Co. 5.00% Notes Due 2026 Stock Up 0.2 %

The company has a 50 day moving average of $24.57 and a 200 day moving average of $24.48.

Gladstone Investment Co. 5.00% Notes Due 2026 Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Stockholders of record on Wednesday, January 15th will be given a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Wednesday, January 15th.

About Gladstone Investment Co. 5.00% Notes Due 2026

gladstone investment corporation (nasdaq: gain), a business development company (“bdc”), is a private equity fund focused on acquiring mature, lower middle market companies with attractive fundamentals and strong management teams. as a publicly-traded bdc, gain provides both equity and debt capital, which greatly increases certainty and speed of closing as well as provides gain’s shareholders with both current yield in the form of monthly dividends and potential capital gains upside.