Gladstone Investment Corporation is a business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States. The Company operates as an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses, generally in combination with the aforementioned debt securities, that it believe can grow over time to permit them to sell its equity investments for capital gains. Its investment advisor is Gladstone Management Corporation.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 91.55% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 286.39M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 93.31%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 93.31%.
Undervalued
The company’s latest PB is 0.88, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 7.97M shares, increasing 5.05% quarter-over-quarter.
Held by ETHSX
Star Investor ETHSX holds 407.89 shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.36.