Exhibit 99.1

 

Gladstone Investment Announces Monthly Cash Distributions for

April, May, and June 2023

and a Supplemental Distribution to Common Stockholders

 

MCLEAN, VA, April 11, 2023– Gladstone Investment Corporation (Nasdaq: GAIN) (the “Company”) announced today that its board of directors declared the following monthly cash distributions to common stockholders.

The Company will also pay a supplemental distribution of $0.12 per share to holders of its common stock in June 2023. The board of directors will continue to evaluate the amount and timing of any future supplemental distributions in future periods.

Common Stock: $0.08 per share of common stock for each of April, May, and June 2023, and a supplemental distribution of $0.12 per share of common stock in June 2023, payable per the table below.

 

Record Date		Payment Date		Cash Distribution
April 21		April 28		$	0.08
May 23		May 31		$	0.08
June 5		June 15		$	0.12	*
June 21		June 30		$	0.08
		Total for the Quarter:		$	0.36

 

*	Denotes supplemental distribution to common stockholders

The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.

About Gladstone Investment Corporation: Gladstone Investment Corporation is a publicly traded business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.

Source: Gladstone Investment Corporation

Investor Relations Inquiries: Please visit www.gladstone.com or (703) 287-5893.

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