Company: GAINI
Filing Date: 2025-02-12
Form Type: 10-Q
Source: 0001321741-25-000005
Chunk: 62

Company: GLADSTONE INVESTMENT CORPORATION\DE
Filing Date: 2025-02-12
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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 our stockholders is determined by our Board of Directors and is based upon management’s estimate of Investment Company Taxable Income and net long-term capital gains, as well as amounts to be distributed in accordance with Section 855(a) of the Code. Based on that estimate, our Board of Directors declares monthly distributions, and supplemental distributions, as appropriate, to stockholders each quarter and deemed distributions of long-term capital gains annually as of the end of the fiscal year, as applicable.The U.S. federal income tax characteristics of cash distributions paid to our common stockholders generally are reported to stockholders on IRS Form 1099 after the end of each calendar year. Estimates of tax characterization made on a quarterly basis may not be representative of the actual tax characterization of cash distributions for the full year. Estimates made on a quarterly basis are updated as of each interim reporting date. The tax characterization of cash distributions paid to common stockholders during the calendar year ended December 31, 2024 was 52.9% from ordinary income and 47.1% from capital gains. The tax characterization of cash distributions paid to common stockholders during the calendar year ended December 31, 2023 was 53.2% from ordinary income and 46.8% from capital gains.We paid the following cash distributions to our common stockholders for the nine months ended December 31, 2024 and 2023:For the Nine Months Ended December 31, 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 July 9, 2024July 22, 2024July 31, 20240.08 July 9, 2024August 21, 2024August 30, 20240.08 July 9, 2024September 20, 2024September 30, 20240.08 September 17, 2024October 4, 2024October 15, 20240.70 (A)October 8, 2024October 22, 2024October 31, 20240.08 October 8, 2024November 20