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Gladstone Investment ( (GAIN) ) just unveiled an announcement.
Gladstone Investment Corporation announced a $0.70 per share supplemental distribution for October 2024, following a successful exit from its investment in Nth Degree, Inc. that yielded substantial gains. This payout demonstrates the effectiveness of the company’s buyout strategy and its commitment to rewarding shareholders. Additionally, the company’s board is set to declare monthly distributions for the last quarter of 2024 at the upcoming October board meeting, and offers a dividend reinvestment plan for investors.
For a thorough assessment of GAIN stock, go to TipRanks’ Stock Analysis page.
