Business Context and Reporting Period
Company: Gladstone Investment Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: April 12, 2016
Event: Declaration of monthly cash distributions for common stock and three series of cumulative term preferred stock.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity metrics. The report focuses exclusively on the declaration of shareholder distributions.
Material Changes
The filing announces the Board of Directors' declaration of monthly cash distributions for the following securities for the months of April, May, and June 2016:
- Common Stock
- 7.125% Series A Cumulative Term Preferred Stock
- 6.75% Series B Cumulative Term Preferred Stock
- 6.50% Series C Cumulative Term Preferred Stock
The filing text does not provide the specific dollar amounts per share for these distributions.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release (Exhibit 99.1) to announce the distribution declaration.
Regulatory Note: The information regarding the distributions is furnished under Item 7.01 (Regulation FD Disclosure) and is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor incorporated by reference into Securities Act filings, except as expressly set forth by specific reference.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing text.
Investor Verification Checklist
- Verify the specific per-share distribution amounts in the attached Press Release (Exhibit 99.1), as they are not listed in the 8-K body text.
- Confirm the record dates and payment dates for the April, May, and June 2016 distributions.
- Review the Company's most recent 10-Q or 10-K for underlying financial performance supporting these distributions.