Dividend Watching: Nov 30, 2016 will introduce $0.06 dividends for investors in Gladstone Investment Corporation (NASDAQ:GAIN).

Dividend Watching: Nov 30, 2016 will introduce $0.06 dividends for investors in Gladstone Investment Corporation (NASDAQ:GAIN).

Gladstone Investment Corporation (NASDAQ:GAIN) is expected to pay $0.06 on Nov 30, 2016. The indicated annual dividend is $0.75. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on Gladstone Investment Corporation’s current price of $7.96, the dividend is 0.79%. This dividend’s record date is Nov 17, 2016 and the announcement date is Oct 12, 2016. The stock increased 0.89% or $0.07 on November 11, hitting $7.96. Gladstone Investment Corporation (NASDAQ:GAIN) has risen 14.04% since April 12, 2016 and is uptrending. It has outperformed by 9.06% the S&P500.

Gladstone Investment Corporation is an externally managed, closed-end, non-diversified management investment company. The company has a market cap of $243.09 million. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of businesses that it believes can grow over time to permit it to sell its equity investments for capital gains. It has a 5.9 P/E ratio. It has investments in sectors, such as chemicals, plastics, and rubber, and home and office furnishings, house wares, and durable consumer products, among others.

Insitutional Activity: The institutional sentiment increased to 1.17 in 2016 Q2. Its up 0.12, from 1.05 in 2016Q1. The ratio increased, as 5 funds sold all Gladstone Investment Corporation shares owned while 13 reduced positions. 4 funds bought stakes while 17 increased positions. They now own 4.26 million shares or 29.33% less from 6.03 million shares in 2016Q1.
Blackrock Limited has 162,379 shares for 0% of their US portfolio. Stratos Wealth Partners last reported 0.01% of its portfolio in the stock. Morgan Stanley last reported 0% of its portfolio in the stock. Goldman Sachs Grp Inc holds 0% or 17,961 shares in its portfolio. Deere And holds 36,925 shares or 0.01% of its portfolio. The Missouri-based Confluence Invest Mngmt Ltd Llc has invested 0.03% in Gladstone Investment Corporation (NASDAQ:GAIN). Tudor Investment Et Al holds 0% or 12,993 shares in its portfolio. Manufacturers Life Ins The has 2,897 shares for 0% of their US portfolio. Raymond James Services Advisors Inc holds 12,844 shares or 0% of its portfolio. The California-based Lpl Fincl Lc has invested 0% in Gladstone Investment Corporation (NASDAQ:GAIN). The Minnesota-based Us National Bank De has invested 0% in Gladstone Investment Corporation (NASDAQ:GAIN). Glenmede Tru Na has 0% invested in the company for 147 shares. Icm Asset Mgmt Incorporated Wa holds 0.75% of its portfolio in Gladstone Investment Corporation (NASDAQ:GAIN) for 71,695 shares. Grantham Mayo Van Otterloo And Ltd Com owns 85,400 shares or 0% of their US portfolio. The New York-based Millennium Mgmt Ltd Liability Co has invested 0% in Gladstone Investment Corporation (NASDAQ:GAIN).

Gladstone Investment Corporation (NASDAQ:GAIN) Ratings Coverage

Out of 2 analysts covering Gladstone Investment (NASDAQ:GAIN), 1 rate it a “Buy”, 1 “Sell”, while 0 “Hold”. This means 50% are positive. Gladstone Investment has been the topic of 3 analyst reports since August 24, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Sell” rating in Monday, August 24 report. The rating was initiated by Janney Capital with “Buy” on Friday, April 29. The rating was downgraded by Zacks to “Sell” on Monday, September 21.

More important recent Gladstone Investment Corporation (NASDAQ:GAIN) news were published by: Seekingalpha.com which released: “Gladstone Investment Corp.: 2 Ways To Play For Safe Yields Between 6% And 9.5%” on November 13, 2016, also Globenewswire.com published article titled: “Gladstone Investment Corporation Reports Financial Results for its Second …”, Reuters.com published: “BRIEF-Gladstone Investment Corp reports 2016 Q2 financial results” on November 02, 2016. More interesting news about Gladstone Investment Corporation (NASDAQ:GAIN) was released by: Seekingalpha.com and their article: “Breaking My ‘A-Team’ Into Pieces – Part VI – Gladstone Investment Corporation” with publication date: May 26, 2016.

GAIN Company Profile

Gladstone Investment Corporation, incorporated on February 18, 2005, is an externally managed, closed-end, non-diversified management investment company. The Firm is established for the purpose of investing in debt and equity securities of established private businesses operating in the United States. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that the Company believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time, and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities, generally in combination with the aforementioned debt securities, of established businesses that the Company believes can grow over time to permit it to sell its equity investments for capital gains. The Company’s investment portfolio is made up of approximately 71.3% in debt securities and over 28.7% in equity securities. It has investments in sectors, such as chemicals, plastics and rubber; home and office furnishings, house wares and durable consumer products; diversified/conglomerate manufacturing; leisure, amusement, motion pictures and entertainment; farming and agriculture; containers, packaging and glass; textiles and leather; aerospace and defense; personal and non-durable consumer products (manufacturing only); beverage, food and tobacco, and others. The Firm is externally managed by its investment advisor, Gladstone Management Corporation.

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