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Gladstone Investment ups monthly cash distributions

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Gladstone Investment ups monthly cash distributions

Gladstone Investment Corp. has declared monthly cash distributions of 6.5 cents per common share for each of October, November and December, representing an increase from previous payouts of 6.4 cents per common share in July, August and September.

The October distribution is payable Oct. 31 to shareholders of record as of Oct. 20. The November distribution is payable Nov. 30 to shareholders of record as of Nov. 20. The December distribution is payable Dec. 29 to shareholders of record as of Dec. 19.

The company also declared a supplemental distribution of 6 cents per common share for December. The supplemental distribution is payable Dec. 15 to shareholders of record as of Dec. 5.