Gladstone Investment Corporation ( GAIN ) will begin trading ex-dividend on September 16, 2013. A cash dividend payment of $0.05 per share is scheduled to be paid on September 30, 2013. Shareholders who purchased GAIN stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that GAIN has paid the same dividend. At the current stock price of $7.15, the dividend yield is 8.39%.
The previous trading day's last sale of GAIN was $7.15, representing a -11.4% decrease from the 52 week high of $8.07 and a 8.5% 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 -10.88%, compared to an industry average of 4.9%.