5 Monthly Dividend Stocks To Breeze Through Your Retirement

4. Gladstone Investment Corporation (NASDAQ: GAIN)

Number of Hedge Fund Holders: 6
Dividend Yield: 5.8%

Gladstone Investment Corporation (NASDAQ: GAIN) is a business development company that works with lower middle-market and mature stage companies, helping them work through strategic initiatives like buyouts, refinancing, senior debt securities, senior subordinated debt securities, and other financial assets. The company ranks 4th on our list of monthly dividend stocks to breeze through your retirement.

This April, Oppenheimer reiterated a Perform rating on shares of Gladstone Investment Corporation (NASDAQ: GAIN).

In the company’s fiscal first quarter of 2022, Gladstone Investment Corporation (NASDAQ: GAIN) had an NII of $1.42, beating estimates by $1.13. The company’s TII was $18.03 million, up 68.36% year-over-year and beating estimates by $2.88 million. Gladstone Investment Corporation (NASDAQ: GAIN) shares have gained 15.94% in the past 6 months and 42.43% year-to-date.

By the end of the second quarter of 2021, 6 hedge funds out of the 873 tracked by Insider Monkey held stakes in Gladstone Investment Corporation (NASDAQ: GAIN) worth roughly $3.4 million. This is compared to 4 hedge funds in the previous quarter with a total stake value of approximately $2 million.