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GLAD Gladstone Capital Corporation

22.05
0.00 (0.00%)
Pre Market
Last Updated: 12:00:05
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gladstone Capital Corporation NASDAQ:GLAD NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.05 21.75 22.05 43 12:00:05

Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2017

10/10/2017 9:22pm

GlobeNewswire Inc.


Gladstone Capital (NASDAQ:GLAD)
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Gladstone Capital Corporation (NASDAQ:GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for October, November and December 2017.

Cash Distributions:

Common Stock: $0.07 per share of common stock for each of October, November and December 2017, payable per the table below. The Company has paid 168 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid eight consecutive quarterly common stock cash distributions.

 Record DatePayment DateCash Distribution
 October 20October 31$0.07
 November 20November 30$0.07
 December 19December 29$0.07
Total for the Quarter:$0.21
  

Term Preferred Stock: $0.141667 per share of the Company’s 6.00% Series 2024 Term Preferred Stock (“Term Preferred Stock”) for the prorated period from and including the issuance date (September 27, 2017) to and including September 30, 2017, plus the full month of October 2017, and $0.125 per share for each of November and December 2017, payable per the table below. The Term Preferred Stock trades on the NASDAQ under the symbol “GLADN.”

 Record DatePayment DateCash Distribution
 October 20October 31$0.141667
 November 20November 30$0.125
 December 19December 29$0.125
Total for the Quarter:$0.391667
  

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

Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. 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.

For further information: Gladstone Capital Corporation, +1-703-287-5893

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