|Bid||11.95 x 800|
|Ask||12.05 x 1300|
|Day's Range||11.77 - 12.04|
|52 Week Range||9.00 - 12.26|
|PE Ratio (TTM)||4.66|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.80 (6.78%)|
|1y Target Est||11.88|
A notice of redemption on a conditional basis will be mailed to all registered holders of the Series B Term Preferred Stock and Series C Term Preferred Stock by Computershare, Inc., as the Redemption and Paying Agent, in accordance with the requirements of the Company’s Certificates of Designation of Series B Term Preferred Stock and Series C Term Preferred Stock, respectively. This press release contains statements as to the Company’s intentions and expectations of the outcome of future events that are forward-looking statements.
Gladstone Investment Corporation (GAIN) (the “Company”) today announced that it has entered into an agreement to sell 2,600,000 shares of its newly designated 6.375% Series E Cumulative Term Preferred Stock due 2025 (the “Series E Term Preferred Shares”) at a public offering price of $25.00 per share, raising $65.0 million in gross proceeds and approximately $62.7 million in net proceeds after payment of underwriting discounts and commissions and estimated expenses of the offering payable by the Company. The Company has also granted the underwriters a 30-day option to purchase 390,000 additional Series E Term Preferred Shares on the same terms and conditions solely to cover over-allotments, if any. The Series E Term Preferred Shares will have a seven-year term, unless earlier redeemed by the Company.
Gladstone Investment Corporation (GAIN) (the “Company”) today announced that it plans to sell shares of its newly designated Series E Cumulative Term Preferred Stock due 2025 (the “Series E Term Preferred Stock”) in an underwritten public offering. The aggregate public offering price, dividend yield and other terms are to be determined by negotiations between the Company and the underwriters. The Company also plans to grant the underwriters a 30-day option to purchase additional shares of Series E Term Preferred Stock on the same terms and conditions solely to cover over-allotments, if any.
“We are encouraged by the positive support that we have received to date from a significant number of our stockholders,” stated David Dullum, President of the Company. You may also contact Georgeson LLC, the Company’s proxy solicitor, to vote your shares at (800) 790-6795. Representatives from Georgeson are available to take your call Monday through Friday from 9:00 a.m. to 11:00 p.m. EDT or 11:00 a.m. to 6:00 p.m. EDT on Saturdays. Stockholders are strongly advised to read the proxy statement (filed with the Securities and Exchange Commission (the “SEC”) on June 15, 2018) carefully before making any voting decision, as it contains important information.
Gladstone Investment (GAIN) delivered earnings and revenue surprises of 5.26% and 2.30%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The McLean, Virginia-based company said it had net income of 99 cents per share. Earnings, adjusted for investment gains, came to 20 cents per share. The results surpassed Wall Street expectations. The ...
MCLEAN, Va, Aug. 01, 2018-- Gladstone Investment Corporation today announced earnings for its first quarter ended June 30, 2018. Please read the Company’ s Quarterly Report on Form 10- Q filed today with ...
MCLEAN, Va., July 31, 2018-- Gladstone Investment Corporation announces the following event:. A conference call replay will be available after the call and will be accessible through August 9, 2018. To ...
Most dividend-paying stocks do so on a quarterly basis, but you can find equities that will pay you each month. If you reinvest dividends, you can grow a position more quickly by buying shares each month.
MCLEAN, Va., July 10, 2018-- Gladstone Investment Corporation announced today that its board of directors declared the following monthly cash distributions to preferred and common stockholders and also ...
Gladstone Investment Corporation (GAIN) (the "Company") announced today that it plans to hold a conference call on Tuesday, June 26, 2018, at 9:00 am EDT to discuss the matters scheduled for a vote at this year's annual meeting of stockholders to be held on August 2, 2018. On Friday, June 15, 2018, the Company filed its proxy statement for the annual meeting of stockholders (the "Proxy Statement") with the U.S. Securities and Exchange Commission (the "SEC") and mailed it to stockholders of record as of the record date (June 4, 2018) for the annual meeting.
NEW YORK, June 11, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Jabil, ...
The European Securities and Markets Authority (ESMA) announced an Aug. 1 implementation date for new regulations that restrict margin to 30:1 on major currency pairs from current levels that run as high as 200:1. According to insiders, "dozens of brokers" are planning to move operations offshore in an attempt to sidestep the new regulations. It has also been reported that many Cypriot brokers are trying to sell their licenses before August implementation.
Gladstone Investment Corporation (GAIN) (“Gladstone Investment”) announced today the sale of its equity interest and the prepayment of its debt investments in Drew Foam Companies, Inc. (“Drew Foam”) to a private equity firm. As a result of this transaction, Gladstone Investment realized a significant gain on its equity investment. Drew Foam, headquartered in Monticello, AR, is a market leading designer, molder and fabricator of expanded polystyrene foam products used in industrial, construction, cold chain pharmaceutical and food applications and consumer markets.
On a per-share basis, the McLean, Virginia-based company said it had net income of 67 cents. Earnings, adjusted for investment gains, were 21 cents per share. The results topped Wall Street expectations. ...
Gladstone Investment (GAIN) is seeing encouraging earnings estimate revision activity as of late and carries a favorable rank, positioning the company for a likely beat this season.
GAIN Capital Holdings (GAIN) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to earnings beat.