Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2021 and Conference Call Date

Rhea-AI Summary

Gladstone Capital Corporation (NASDAQ:GLAD) has announced monthly cash distributions of $0.065 per share for January, February, and March 2021. The distributions will be payable on January 29, February 26, and March 31, with a total of $0.195 for the quarter. Additionally, the company plans to report its earnings for the first fiscal quarter on February 3, 2021, followed by a conference call on February 4 at 8:30 a.m. EST. Investors can access the live broadcast and replay through the company's website.

Positive

• Monthly cash distributions of $0.065 per share for January, February, and March 2021.
• Total cash distribution for the quarter is $0.195, providing steady income for shareholders.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / January 12, 2021 / Gladstone Capital Corporation (NASDAQ:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2021 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2020.

Cash Distributions:

Common Stock: $0.065 per share of common stock for each of January, February and March 2021, payable per the table below.

	Record Date	Payment Date	Cash Distribution
	January 22	January 29	$0.065
	February 17	February 26	$0.065
	March 18	March 31	$0.065
Total for the Quarter:			$0.195

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

Earnings Announcement:

The Company also announced today that it plans to report earnings for the first fiscal quarter ended December 31, 2020, after the stock market closes on Wednesday, February 3, 2021. The Company will hold a conference call Thursday, February 4, 2021 at 8:30 a.m. EST to discuss its earnings results. Please call (866) 424-3437 to enter the conference call. An operator will monitor the call and set a queue for questions.

A conference call replay will be available after the call and will be accessible through February 11, 2021. To hear the replay, please dial (877) 660-6853 and use playback conference number 13713652.

The live audio broadcast of the Company's conference call will be available online at www.gladstonecapital.com. The event will be archived and available for replay on the Company's website.

If you have questions prior to or following the earnings release you may e-mail them to capital@gladstonecompanies.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.

SOURCE: Gladstone Capital Corporation

View source version on accesswire.com:
https://www.accesswire.com/623968/Gladstone-Capital-Announces-Monthly-Cash-Distributions-for-January-February-and-March-2021-and-Conference-Call-Date

FAQ

What are the cash distributions announced by GLAD for January, February, and March 2021?

Gladstone Capital Corporation announced monthly cash distributions of $0.065 per share for each of January, February, and March 2021.

When will GLAD report its earnings for the first fiscal quarter?

Gladstone Capital Corporation plans to report its earnings for the first fiscal quarter on February 3, 2021, after market close.

What is the total cash distribution for GLAD in the first quarter of 2021?

The total cash distribution for the quarter for Gladstone Capital Corporation is $0.195 per share.

When is the conference call for GLAD's earnings report?

The conference call for Gladstone Capital Corporation's earnings report is scheduled for February 4, 2021, at 8:30 a.m. EST.