MCLEAN, Va., July 12, 2011 /PRNewswire/ -- Gladstone Investment Corporation (Nasdaq: GAIN) (the "Company") announced today that its board of directors declared monthly cash distributions of $0.050 per share of common stock for each of the months July, August and September of 2011, payable per the table below.

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Summary Table for Cash Distributions for Quarter Ending September 30, 2011:



Declaration Date Ex-Dividend Date Record Date  Payment Date Cash Distribution

July 12          July 20          July 22      July 29      $ 0.050

July 12          August 17        August 19    August 31    $ 0.050

July 12          September 20     September 22 September 30 $ 0.050

Total for the Quarter:                                      $ 0.150

The quarter ending September 30, 2011 distributions represent an 11.1% increase from the distributions declared by the Company for the quarter ended June 30, 2011 and a 25% increase from the distributions declared by the Company for the quarter ended March 31, 2011.

The Company offers a dividend reinvestment plan (the "DRIP") to its stockholders. For more information regarding the DRIP, please visit www.gladstoneinvestment.com.

Gladstone Investment Corporation is a publicly traded business development company that seeks to make debt and equity investments in small and mid-sized businesses in the United States in connection with acquisitions, changes in control and recapitalizations. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

SOURCE Gladstone Investment Corporation