Gladstone Investment About To Put More Money In Your Pocket (GAIN)

Looking at the universe of stocks we cover at Dividend Channel, on 4/18/13, Gladstone Investment Corp ( GAIN) will trade ex-dividend, for its monthly dividend of $0.05, payable on 4/30/13. As a percentage of GAIN's recent stock price of $7.34, this dividend works out to approximately 0.68%, so look for shares of Gladstone Investment Corp to trade 0.68% lower — all else being equal — when GAIN shares open for trading on 4/18/13.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

Below is a dividend history chart for GAIN, showing historical dividends prior to the most recent $0.05 declared by Gladstone Investment Corp:

GAIN+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from GAIN is likely to continue, and whether the current estimated yield of 8.17% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of GAIN shares, versus its 200 day moving average:

Gladstone Investment Corp 200 Day Moving Average Chart

Looking at the chart above, GAIN's low point in its 52 week range is $6.59 per share, with $8.07 as the 52 week high point — that compares with a last trade of $7.29.

According to the ETF Finder at ETF Channel, GAIN makes up 1.46% of the BDC Income ETF ( BIZD) which is trading higher by about 0.7% on the day Tuesday.

In Tuesday trading, Gladstone Investment Corp shares are currently up about 1% on the day.

null

If you liked this article you might like

Heed KKR's Macro Assessment of the World

Gladstone CEO: Steady Dividend, Equity Kicker is Making Investors Happy

3 Buy-Rated Dividend Stocks Leading The Pack: WPT, SLRC, GAIN

Tomorrow's Ex-Dividends To Watch: GDF, GDO, GAIN

Buy-Rated Dividend Stocks: Top 3 Companies: CODI, GAIN, OMAB