Company: GAINI
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001321741-25-000018
Chunk: 58

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 58
---
 following cash distributions to our common stockholders for the three months ended June 30, 2025 and 2024:For the Three Months Ended June 30, 2025:Declaration DateRecord DatePayment DateDistribution per Common ShareApril 8, 2025April 21, 2025April 30, 2025$0.08 April 8, 2025May 21, 2025May 30, 20250.08 April 8, 2025June 4, 2025June 13, 20250.54 (A)April 8, 2025June 20, 2025June 30, 20250.08 Three Months Ended June 30, 2025$0.78 For the Three Months Ended June 30, 2024:Declaration DateRecord DatePayment DateDistribution per Common ShareApril 9, 2024April 19, 2024April 30, 2024$0.08 April 9, 2024May 17, 2024May 31, 20240.08 April 9, 2024June 19, 2024June 28, 20240.08 Three Months Ended June 30, 2024$0.24 (A)Represents a supplemental distribution to common stockholders.Aggregate cash distributions to our common stockholders declared and paid were $28.8 million and $8.8 million for the three months ended June 30, 2025 and 2024, respectively.

For the fiscal year ended March 31, 2025, Investment Company Taxable Income exceeded distributions declared and paid, and, in accordance with Section 855(a) of the Code, we elected to treat $36.7 million of the first distributions paid subsequent to fiscal year-end, as having been paid in the prior year. In addition, for the fiscal year ended March 31, 2025, net capital gains exceeded distributions declared and paid, and, in accordance with Section 855(a) of the Code, we elected to treat $18.7 million of the first distributions paid subsequent to fiscal year-end as having been paid in the prior year.

For the three months ended June 30, 2025, we recorded $0.3 million of net adjustments for estimated permanent book-tax differences to reflect tax character, which decreased Accumulated net realized (loss) gain in excess of