Gladstone Investment Corp (GAIN)

[BigCat]

Gladstone Investment Increases Monthly Cash Distributions to Common Stockholders, Including Supplemental Distribution to Common Stockholders

MCLEAN, Va., April 11, 2017 (GLOBE NEWSWIRE) -- Gladstone Investment Corporation (NASDAQ:GAIN) (the "Company" or "GAIN") announced today that its board of directors declared the following monthly cash distributions to preferred and common stockholders, increasing distributions to common stockholders by more than 2%.

The Company also announced it will pay a supplemental distribution of $0.06 per share to holders of its common stock in June 2017. In this regard, the Company anticipates paying semi-annual, supplemental distributions each fiscal year, with the June 2017 payment being the first payment in fiscal year 2018. These payments are generally expected to be primarily made from undistributed net capital gains, but may also be made from undistributed net investment income, which the Company anticipates it will continue to generate in the future. The Company's board of directors will evaluate the amount and timing of additional, semi-annual, supplemental distributions in future periods...

http://ir.gladstoneinvestment.com/releasedetail.cfm?ReleaseID=1021006