Trailing Dividend / Share
$1.48
Gladstone Investment Corporation (GAIN) Dividend History
Income profile from 2005 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
9.4%
Payout Ratio
30.9%
Sustainable
Dividend Streak
0 years
GAIN Dividend Income Check
Safety
30.9% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 14.8% and trend is rising.
GAIN Dividend Scorecard
Yield & Income
Dividend Yield9.4%
Trailing DPS$1.48
FrequencyMonthly
Payments / 12M12
Payout Safety
Earnings Payout30.9%
Earnings SafetySustainable
FCF Payout222.2%
FCF SafetyStretched
Piotroski F-Score4/9
Growth
Growth Streak0 years
3Y CAGR5.6%
5Y CAGR10.0%
Yield on Cost (5Y)14.8%
YOC Trendrising
Total Returns
Buyback Yield0.0%
Total Shareholder Yield9.4%
1Y Total Return16.9%
5Y Total Return61.3%
Div Contribution (5Y)54.2%
Estimated $10K growth (return + dividends):
5Y ago$15,16210Y ago$37,40620Y ago$24,402
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
GAIN Income Growth Story
Dividend per share and yield on cost over time (22 years of payments)
GAIN Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Gladstone Investment Corporation distributes 30.9% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 222.2%, rated "Stretched".
Piotroski F-Score: 4/9 — moderate financial health.
Growth Track Record
GAIN does not have a current streak of consecutive dividend increases, with a 3-year CAGR of 5.6% and 5-year CAGR of 10.0%.
Total Shareholder Returns
Beyond cash dividends, GAIN returns capital through share repurchases. The combined picture: 9.4% dividend yield, 9.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 14.8% and is currently rising. The 5-year total return is 61.3%, with dividends contributing 54.2% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $37,406 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
GAIN Recent Dividend Payments
Last 20 payments · Monthly
TTM Total$2.06
Avg/Payment$0.1030
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 23, 2026Latest | $0.0800 | — | 6.45% | Jun 30, 2026 |
| May 20, 2026 | $0.0800 | — | 9.25% | May 29, 2026 |
| Apr 24, 2026 | $0.0800 | — | 9.21% | Apr 30, 2026 |
| Mar 23, 2026 | $0.0800 | — | 10.53% | Mar 31, 2026 |
| Feb 18, 2026 | $0.0800 | — | 10.81% | Feb 27, 2026 |
| Jan 23, 2026 | $0.0800 | — | 10.87% | Jan 30, 2026 |
| Dec 22, 2025 | $0.0800 | — | 10.92% | Dec 31, 2025 |
| Nov 17, 2025 | $0.0800 | — | 11.07% | Nov 26, 2025 |
GAIN Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
9.4%
#6 of 9
Safety
Sustainable
30.9% payout
Streak
0Y
10.0% 5Y CAGR
Total Shareholder
9.4%
#6 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| GAINGladstone Investment… | $623M | 9.4% | 30.9% | 0 | Sustainable |
 HTGCHercules Capital, In… | $3.0B | 8.9% | 81.3% | 0 | Watch |
 ARCCAres Capital Corpora… | $13.3B | 2.1% | — | 0 | Unknown |
 GBDCGolub Capital BDC, I… | $3.3B | 10.9% | 97.9% | 0 | At Risk |
1st  TPVGTriplePoint Venture … | $193M | 21.6% | 83.9% | 0 | Watch |
 CSWCCapital Southwest Co… | $1.5B | 9.5% | 1.3% | 0 | Sustainable |
 MRCCMonroe Capital Corpo… | $110M | 0.2% | 1.8% | 0 | Sustainable |
2nd  PFLTPennantPark Floating… | $713M | 16.8% | 1.7% | 0 | Sustainable |
3rd  GLADGladstone Capital Co… | $437M | 12.6% | 95.5% | 0 | At Risk |
GAIN Annual Dividend History (2005–2026)
22 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.48 | — | 6 | $4.77 | 10.1% | 9.94x | 4.7% |
| 2025 | $1.50 | -9.6% | 13 | $1.78 | 84.3% | 1.19x | 14.8% |
| 2024 | $1.66 | -32.0% | 13 | $2.47 | 67.2% | 1.49x | 16.4% |
| 2023 | $2.44 | 91.4% | 17 | $1.07 | 228.0% | 0.44x | 24.1% |
| 2022 | $1.27 | 23.2% | 15 | $3.08 | 41.4% | 2.42x | 12.6% |
| 2021 | $1.04 | 11.3% | 15 | $1.28 | 80.9% | 1.24x | 10.2% |
| 2020 | $0.93 | -9.4% | 13 | $-0.22 | — | — | 9.2% |
| 2019 | $1.03 | 11.4% | 15 | $2.49 | 41.2% | 2.43x | 10.1% |
| 2018 | $0.92 | 3.9% | 14 | $1.88 | 49.0% | 2.04x | 9.1% |
| 2017 | $0.89 | 18.2% | 14 | $1.48 | 59.9% | 1.67x | 8.8% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
21+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
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GAIN — Frequently Asked Questions
Quick answers to the most common questions about buying GAIN stock.
How much dividend does GAIN pay per share?
Gladstone Investment Corporation (GAIN) pays a trailing 12-month dividend of $1.48 per share, with a current dividend yield of +9.4%. Payments are made Monthly.
When is GAIN's next ex-dividend date?
GAIN's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. GAIN typically pays dividends Monthly.
Is GAIN's dividend safe?
GAIN's dividend safety is rated "Sustainable" based on an earnings payout ratio of +30.9% and FCF payout ratio of +222.2%. The dividend history does not yet show a prolonged growth streak.
How many years has GAIN increased its dividend?
GAIN has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is +10.0%.
How often does GAIN pay dividends?
Gladstone Investment Corporation pays dividends Monthly. The trailing 12-month total is $1.48 per share. Dividend data on this page covers 21+ years from 2005 to 2026.
How much would $10,000 invested in GAIN grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in GAIN five years ago would be worth approximately $15,162 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is GAIN's yield on cost for long-term holders?
GAIN's yield on cost — the current dividend divided by the original purchase price — is +14.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +9.4% market yield, thanks to consistent dividend growth.