MCLEAN, Va., July 10, 2012 /PRNewswire/ -- Gladstone Investment Corporation (NASDAQ: GAIN) (the "Company") announced today that its board of directors declared monthly cash distributions:

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$0.050 per share of common stock for each of July, August and September 2012, payable per Table 1 below.  The Company has paid 84 consecutive monthly cash distributions on its common stock as well as a bonus dividend payment in March 2012.

Table 1: Summary Table for Common Stock cash distributions for the quarter ending September 30, 2012:

$0.1484375 per share of the Company's 7.125% Series A Cumulative Term Preferred Stock ("Term Preferred Stock") for each of July, August and September 2012, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GAINP." Monthly distributions will be payable per Table 2 below.

Table 2: Summary Table for Term Preferred Stock cash distributions for the quarter ending September 30, 2012:

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

The Company would like to remind all its stockholders to please vote their shares for the items listed on the proxy for the upcoming annual meeting of stockholders to be held on Thursday, August 9, 2012 at the Hilton McLean Tysons Corner located at 7920 Jones Branch Drive, McLean, Virginia. Stockholders can vote by calling (800) 690-6903 or visiting www.proxyvote.com and using the control number listed on their proxy card.

Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized 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.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

SOURCE Gladstone Investment Corporation