Gladstone Investment Corporation
GAINFinancial Services · Stock · monthly payer
Forward Yield
5.81%
Annual Dividend
$0.96
Payout Ratio
20%
5-Yr Growth
2.3%
Ex-Date
Jul 24, 2026
Frequency
Monthly
Summary
As of July 2026, Gladstone Investment Corporation (GAIN) yields 5.81% ($0.96 per share annually), with a blended fair-value estimate of $20.89 — +26% upside, so it screens as undervalued. Dividend safety grade: A (81/100).
Is GAIN a good dividend stock?
YesGladstone Investment Corporation (GAIN) pays a monthly dividend yielding 5.81% ($0.96/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Comfortable payout ratio (20%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 5.81%
- Payout Ratio
- 20%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Jul 24, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.76
- Market Cap
- $649.1M
- P/E Ratio
- 3.5
- 5-Yr Total Return
- 10%
- 52-Week Range
- $13.11 – $17.14
- Dividend Safety
- A · 81/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
GAIN Price — Last 12 Months
Daily close
Price Return
1 Year
+17%
3 Years
+29%
5 Years
+10%
52-Week Range
$13.11 – $17.14
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is GAIN worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Gladstone Investment Corporation is $20.89 per share, versus a market price of $16.54. That implies 26% of upside — a margin of safety of about 21%.
Fair Value
$20.89
Current Price
$16.54
Upside
+26%
Margin of Safety
21%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -4.8% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.77 EPS, $0.96 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
GAIN Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 23, 2026 | — | $0.0800 | regular |
| May 20, 2026 | — | $0.0800 | regular |
| Apr 24, 2026 | — | $0.0800 | regular |
| Mar 23, 2026 | — | $0.0800 | regular |
| Feb 18, 2026 | — | $0.0800 | regular |
| Jan 23, 2026 | — | $0.0800 | regular |
| Dec 22, 2025 | — | $0.0800 | regular |
| Nov 17, 2025 | — | $0.0800 | regular |
| Oct 24, 2025 | — | $0.0800 | regular |
| Sep 22, 2025 | — | $0.0800 | regular |
| Aug 20, 2025 | — | $0.0800 | regular |
| Jul 21, 2025 | — | $0.0800 | regular |
| Jun 20, 2025 | — | $0.0800 | regular |
| Jun 4, 2025 | — | $0.5400 | regular |
Income Calculator
At $0.96 / yr per share
