Gladstone Investment Corporation ( GAIN ) will begin trading ex-dividend on October 18, 2013. A cash dividend payment of $0.06 per share is scheduled to be paid on October 31, 2013. Shareholders who purchased GAIN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that GAIN has paid the same dividend. At the current stock price of $7.2, the dividend yield is 10%.
The previous trading day's last sale of GAIN was $7.2, representing a -6.74% decrease from the 52 week high of $7.72 and a 9.26% increase over the 52 week low of $6.59.
GAIN's current earnings per share, an indicator of a company's profitability, is $.51. Zacks Investment Research reports GAIN's forecasted earnings growth in 2014 as -9.12%, compared to an industry average of 6.1%.