Gladstone InvestmentNASDAQ: GAIN

MCLEAN, VA / ACCESSWIRE / November 15, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced that Terry Lee Brubaker will be retiring as Chief Operating Officer of the Company effective December 2, 2024. Mr. Brubaker is also retiring as director and executive officer of Gladstone Management Corporation, the Company's investment adviser, and as a member of the board of managers and an executive officer of Gladstone Administration, LLC, the Company's administrator, also effective December 2, 2024.

Gladstone Investment (GAIN) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago.

MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders. The Company also announced its plan to report earnings for its second fiscal quarter ended September 30, 2024.

Gladstone Investment Corporation's dividend coverage has deteriorated, with a 100% pay-out ratio, raising the risk of a dividend cut. The central bank's recent rate cuts negatively impact Gladstone's floating-rate debt investments, worsening the risk/reward profile. Gladstone's stock trades at a 9% premium to NAV, which is unjustified given its weakened pay-out metrics and interest rate outlook.

MCLEAN, VA / ACCESSWIRE / September 26, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that as a result of the October 14, 2024 federal holiday the Company's transfer agent will distribute the payment of the supplemental distribution of $0.70 per share of common stock on Tuesday, October 15, 2024. The record date for the supplemental distribution remains unchanged.

On a YTD basis, Gladstone Investment has delivered flat total return performance. The most recent earnings report included some negatives that fully warrant a more cautionary stance by the market. Yet, if we dissect the underlying details, we will see that Gladstone can still nicely cover the dividend, while enjoying an improved outlook in terms of generating additional value.

MCLEAN, VA / ACCESSWIRE / September 17, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following additional supplemental cash distribution to common stockholders in October 2024. Common Stock: A supplemental distribution of $0.70 per share of common stock in October 2024 payable per the table below.

Gladstone Investment is a rather unique BDC with a focus on buy-outs, providing both debt and equity financing, leading to higher potential returns but with greater risk. Recent earnings disappointed, causing a share price drop, but this presents a potential buying opportunity for long-term investors comfortable with volatility. Current valuation and yield are more attractive after the price drop, making GAIN a more attractive potential opportunity for income-focused, long-term investors.

MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.