Gladstone Investment Corporation
GAINFinancial Services · Stock · monthly payer
Forward Yield
6.05%
Annual Dividend
$0.96
Payout Ratio
23%
5-Yr Growth
2.3%
Ex-Date
Sep 21, 2026
Frequency
Monthly
Summary
As of September 2026, Gladstone Investment Corporation (GAIN) yields 6.05% ($0.96 per share annually), with a blended fair-value estimate of $19.91 — +26% upside, so it screens as undervalued. Dividend safety grade: A (80/100).
Is GAIN a good dividend stock?
YesGladstone Investment Corporation (GAIN) pays a monthly dividend yielding 6.05% ($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 (23%)
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 6.05%
- Payout Ratio
- 23%
- Annual Dividend
- $0.96
- 5-Yr Avg Growth
- 2.3%
- Ex-Dividend Date
- Sep 21, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- 0.76
- Market Cap
- $631.6M
- P/E Ratio
- 3.7
- 5-Yr Total Return
- 0%
- 52-Week Range
- $13.11 – $17.14
- Dividend Safety
- A · 80/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
GAIN Price — Last 12 Months
Daily close
Price Return
1 Year
+15%
3 Years
+18%
5 Years
+0%
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 $19.91 per share, versus a market price of $15.86. That implies 26% of upside — a margin of safety of about 20%.
Fair Value
$19.91
Current Price
$15.86
Upside
+26%
Margin of Safety
20%
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 -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.1% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.26 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 |
|---|---|---|---|
| Aug 18, 2026 | — | $0.0800 | regular |
| Jul 24, 2026 | — | $0.0800 | regular |
| 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 |
Income Calculator
At $0.96 / yr per share
