Gladstone Investment announced that its board of directors declared the following additional supplemental cash distribution to common stockholders in October. A supplemental distribution of 70c per share of common stock in October 2024 payable. In September, the company exited its investment in Nth Degree, Inc., which resulted in a realized gain of $42.3M and the repayment of its debt investment of $25M at par.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GAIN:
- Gladstone Investment exits investment in Nth Degree
- Ex-Dividend Date Nearing for These 10 Stocks – Week of September 16, 2024
- Gladstone Investment Welcomes Katharine Gorka to Board
- Gladstone Investment price target lowered to $13 from $14 at B. Riley
- Gladstone Investment acquires Grand Cayman Villas and Condos