|Bid||14.51 x 900|
|Ask||14.78 x 800|
|Day's Range||14.63 - 14.83|
|52 Week Range||8.16 - 15.26|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||11.49|
|Earnings Date||Nov 01, 2021 - Nov 05, 2021|
|Forward Dividend & Yield||0.84 (5.79%)|
|Ex-Dividend Date||Sep 21, 2021|
|1y Target Est||13.38|
MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") announced today that its board of directors declared the following monthly cash distributions to common stockholders, increasing monthly distributions from $0.075 per share, or approximately 7%.
Gladstone Investment (GAIN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Tapping the debt market for capital, Gladstone (GAIN) priced a public offering of long-term notes with aggregate principal amount of $117 million.