On 9/16/13, 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 9/30/13. As a percentage of GAINP's recent share price of $26.30, this dividend works out to approximately 0.56%, so look for shares of GAINP to trade 0.56% lower -- all else being equal -- when GAINP shares open for trading on 9/16/13. On an annualized basis, the current yield is approximately 6.85%, which compares to an av...
Gladstone Investment Corp's Series A Cumulative Term Preferred Stock Goes Ex-Dividend Soon
Forbes - 12 Sep 2013 19:37
On 9/16/13, 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 9/30/13. As a percentage of GAINP's recent share price of $26.30, this dividend works out to approximately 0.56%, so look for shares of GAINP to trade 0.56% lower -- all else being equal -- when GAINP shares open for trading on 9/16/13. On an annualized basis, the current yield is approximately 6.85%, which compares to an av...
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