Gladstone Investment Corporation ( GAIN ) will begin trading ex-dividend on August 18, 2014. A cash dividend payment of $0.06 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased GAIN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that GAIN has paid the same dividend. At the current stock price of $7.53, the dividend yield is 9.56%.
The previous trading day's last sale of GAIN was $7.53, representing a -11.41% decrease from the 52 week high of $8.50 and a 10.74% increase over the 52 week low of $6.80.
GAIN's current earnings per share, an indicator of a company's profitability, is $.61. Zacks Investment Research reports GAIN's forecasted earnings growth in 2015 as -2.28%, compared to an industry average of -3.4%.