Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Ex-Div Reminder for Gladstone Investment (GAIN)
Monday, July 18, 10:00 AM ET, by Market News Video Staff
On 7/20/16, Gladstone Investment Corp (GAIN) will trade ex-dividend, for its monthly dividend of $0.0625, ...
Ex-Div Reminder for Gladstone Investment Series A Cumulative Term Preferred Stock
Monday, July 18, 1:40 PM ET, by Market News Video Staff
On 7/20/16, Gladstone Investment Corp's 7.125% Series A Cumulative Term Preferred Stock (GAINP) will trade ...
This Stock Has A 9.99% Yield And Sells For Less Than Book
Thursday, July 21, 9:21 AM ET, by Market News Video Staff
Gladstone Investment Corp (GAIN) has been named as a Top 10 dividend-paying financial stock, according ...
Ex-Div Reminder for Gladstone Investment (GAIN)
Tuesday, August 16, 10:01 AM ET, by Market News Video Staff
On 8/18/16, Gladstone Investment Corp (GAIN) will trade ex-dividend, for its monthly dividend of $0.0625, ...
Gladstone Investment Corp's Series A Cumulative Term Preferred Stock Ex-Dividend Reminder
Tuesday, August 16, 1:38 PM ET, by Market News Video Staff
On 8/18/16, Gladstone Investment Corp's 7.125% Series A Cumulative Term Preferred Stock (GAINP) will trade ...
Gladstone Investment Named Top Dividend Stock With Insider Buying and 8.23% Yield (GAIN)
By Dividend Channel Staff, Thursday, April 20, 3:56 PM ET
In this series, we look through the most recent Dividend Channel ''DividendRank'' report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider's view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and use it to buy stock in the open market, is that they expect to make money — maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both. So when stocks turn up that see insider buying, and are also top ranked, investors are wise to take notice. One such company is Gladstone Investment Corp (NASDAQ:GAIN), which saw buying by President David A. R. Dullum.
Back on March 13, Dullum invested $77,812.00 into 9,000 shares of GAIN, for a cost per share of $8.65. In trading on Thursday, shares were changing hands as low as $9.32 per share, which is 7.8% above Dullum's purchase price. It should be noted that Dullum has collected $0.13/share in dividends since the time of their purchase, so they are currently up 9.3% on their purchase from a total return basis. Gladstone Investment Corp shares are currently trading +0.96% on the day. The chart below shows the one year performance of GAIN shares, versus its 200 day moving average:
Looking at the chart above, GAIN's low point in its 52 week range is $6.65 per share, with $9.72 as the 52 week high point — that compares with a last trade of $9.43. By comparison, below is a table showing the prices at which insider buying was recorded over the last six months:
||David A. R. Dullum
||David A. R. Dullum
The DividendRank report noted that among the coverage universe, GAIN shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent GAIN share price of $9.34 represents a price-to-book ratio of 1.0 and an annual dividend yield of 8.23% — by comparison, the average company in Dividend Channel's coverage universe yields 3.9% and trades at a price-to-book ratio of 2.4. The report also cited the strong monthly dividend history at Gladstone Investment Corp, and favorable long-term multi-year growth rates in key fundamental data points.
The report stated, ''Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research.''
The annualized dividend paid by Gladstone Investment Corp is $0.768/share, currently paid in monthly installments, and its most recent dividend ex-date was on 05/17/2017. Below is a long-term dividend history chart for GAIN, which the report stressed as being of key importance. Indeed, studying a company's past dividend history can be of good help in judging whether the most recent dividend is likely to continue.
This Article's Word Cloud: