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Gladstone Investment Corporation

GAIN

NASDAQ

Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.

13.37 USD

0.115 (0.86%)

Latest GAIN News

Seeking Alpha

Aug 20, 2024

Gladstone Investment: There's A Risk Of Dividend Cut

Gladstone Investment is a BDC focusing on lower middle market US entities with EBITDA of $4m to $15m, with a stock trading at a 2.5% premium to NAV. GAIN's portfolio is oriented around floating-rated debt investments, while its debt structure is mostly fixed-rated, which increases the interest-rate related risk. GAIN's non-accruals have increased significantly and the share of first lien loans is lower than in the case of some more defensive and higher-quality BDCs.

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The Motley Fool

Aug 10, 2024

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Zacks Investment Research

Aug 5, 2024

Gladstone Investment (GAIN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Gladstone Investment (GAIN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

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Zacks Investment Research

Aug 5, 2024

Gladstone Investment (GAIN) Misses Q1 Earnings and Revenue Estimates

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 $0.25 per share a year ago.

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Accesswire

Aug 1, 2024

Gladstone Investment Corporation Earnings Call and Webcast Information

MCLEAN, VA / ACCESSWIRE / August 1, 2024 / Gladstone Investment Corporation (Nasdaq:GAIN) announces the following event: What: Gladstone Investment Corporation's First Fiscal Quarter Ended June 30, 2024Earnings Call & Webcast When: Tuesday, August 6, 2024 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=v7ahNI9M How: By webcast -- Log on to the web at the address above By phone -- please call (866) 424-3437 Contact: Gladstone Investment Corporation, (703) 287-...

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Forbes

Jul 27, 2024

Monthly Dividend Stocks: 5 Tempting Plays Yielding Up To 8.6%

Let's talk about monthly dividend payers today because, well, why waste our valuable time with stocks that only pay quarterly?

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Seeking Alpha

Jul 21, 2024

Mortgage REITs Surging

After a terrible start to the year, mortgage REITs are hot in July. Don't tell ORC. They missed most of the rally. If only it was an opportunity to destroy book value. They're so good at that. Quick commentary on MAIN.

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Accesswire

Jul 9, 2024

Gladstone Investment Announces Monthly Cash Distributions for July, August and September 2024, and Earnings Release and Conference Call Dates for the ...

MCLEAN, VA / ACCESSWIRE / July 9, 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 first fiscal quarter ended June 30, 2024.

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InvestorPlace

Jun 28, 2024

3 Business Development Companies Yielding Over 5%

Business development companies (BDCs) typically have high dividend yields, as they are required to distribute substantially all — at least 90% — of their earnings to shareholders. BDCs receive favorable tax treatment and, in return, they aren't allowed to retain earnings in the same way other companies are.

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Seeking Alpha

May 31, 2024

BDC Weekly Review: Rule-Of-Thumb Analysis Isn't Working

We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching. Rules of thumb about rising rates driving poor BDC performance has not panned out. We highlight the SAR dividend raise and GAIN valuation.

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