Forbes -
15 Aug 2013 19:34

On 8/19/13, Gladstone Investment Corp's 7.125% Series A Cumulative Term Preferred Stock (NASD: GAINP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 8/30/13. As a percentage of GAINP's recent share price of $26.15, this dividend works out to approximately 0.57%, so look for shares of GAINP to trade 0.57% lower -- all else being equal -- when GAINP shares open for trading on 8/19/13. On an annualized basis, the current yield is approximately 6.80%, which compares to an av...
Share this Article
Comment on this Article
Please to comment