Gladstone Investment Company 6.75% Series B Cumulative Term Preferred Stock

By: ,

Date Issued   11/6/2014

Shares Offered   1,440,000        Overallotment Shares  216,000

S&P Rating   NR   Moodys Rating   NR


Security Ticker Symbol   GAINO    OTC Ticker  GDVPP

Market Traded ON   NASDAQ

Dividend Payment Paid on the last day of the month beginning on 12/31/2014

Monthly Dividend   .141   Annual Dividend   1.6875

Securities may be redeemed, at the issuers option, as early as 12/01/2017  the call price is $25 plus accrued dividends.


Dividend Payment Will NOT BE Qualified Distributions.  Preferred stock dividends of business development companies (BDC’s) are not eligible for the qualified tax rate.  Because the BDC generally pays no federal taxes (if they follow the rules) there is no incremental tax breaks for the individual holders.

Maturity Date (Mandatory Redemption Date)  12/31/2021


Company Investor Relations Page for Gladstone Investment

Below you can find the offering Prospectus and Final Pricing Document

Tim McPartland

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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