Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN) Stock Price Down 0.2% – Time to Sell?

Gladstone Investment Co. 5.00% Notes Due 2026 (NASDAQ:GAINN)’s share price dropped 0.2% on Monday . The company 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 Price Performance

The company has a 50-day moving average price of $24.56 and a two-hundred day moving average price of $24.48.

Gladstone Investment Co. 5.00% Notes Due 2026 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, February 1st. Shareholders of record on Wednesday, January 15th will be issued a $0.3125 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.25 dividend on an annualized basis and a yield of 5.08%.

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.