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Gladstone Capital Announces Monthly Cash Distributions for July, August and September 2024 and Conference Call Date

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Gladstone Capital (Nasdaq: GLAD) announced its board of directors declared monthly cash distributions for July, August, and September 2024. Common stockholders will receive $0.165 per share each month, totaling $0.495 for the quarter. Series A Preferred Stockholders will get $0.130208 per share each month, totaling $0.390624 for the quarter. The company offers a dividend reinvestment plan for common stockholders.

Additionally, Gladstone Capital plans to report earnings for its third fiscal quarter, which ended June 30, 2024, after market close on August 7, 2024. A conference call to discuss the earnings will be held on August 8, 2024, at 8:30 a.m. ET. Replay options will be available until August 15, 2024.

Gladstone Capital is a business development company investing in debt and equity securities, mainly in secured first and second lien term loans to lower middle market businesses in the U.S. For more information, visit Gladstone's website or contact Investor Relations.

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MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for July, August and September 2024 and also announced its plan to report earnings for its third fiscal quarter ended June 30, 2024.

Cash Distributions:

Common Stock: $0.165 per share of common stock for each of July, August and September 2024, payable per the table below.

Record Date
Payment Date

Cash Distribution

July 22
July 31

$

0.165

August 21
August 30

$

0.165

September 20
September 30

$

0.165

Total for the Quarter:

$

0.495

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

Series A Preferred Stock (Unlisted): $0.130208 per share of 6.25% Series A Cumulative Redeemable Preferred Stock for each of July, August and September 2024, payable per the table below:

Record Date
Payment Date

Cash Distribution

July 25
August 5

$

0.130208

August 26
September 5

$

0.130208

September 25
October 4

$

0.130208

Total for the Quarter:

$

0.390624

Earnings Announcement:

The Company also announced today that it plans to report earnings for the third fiscal quarter ended June 30, 2024, after the stock market closes on Wednesday, August 7, 2024. The Company will hold a conference call Thursday, August 8, 2024 at 8:30 a.m. ET 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 August 15, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13746757.

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.

Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.

SOURCE: Gladstone Capital Corporation



View the original press release on accesswire.com

FAQ

What are the cash distributions for GLAD in July 2024?

For July 2024, Gladstone Capital (Nasdaq: GLAD) announced a cash distribution of $0.165 per share of common stock and $0.130208 per share of Series A Preferred Stock.

When will GLAD pay its August 2024 dividends?

For August 2024, Gladstone Capital (Nasdaq: GLAD) will pay $0.165 per share of common stock on August 30 and $0.130208 per share of Series A Preferred Stock on September 5.

What is the total quarterly dividend for GLAD's common stock in Q3 2024?

The total quarterly dividend for Gladstone Capital's (Nasdaq: GLAD) common stock in Q3 2024 is $0.495 per share.

When will GLAD report its Q3 2024 earnings?

Gladstone Capital (Nasdaq: GLAD) will report its Q3 2024 earnings on August 7, 2024, after the market closes.

How can I listen to GLAD's Q3 2024 earnings call?

You can listen to Gladstone Capital's (Nasdaq: GLAD) Q3 2024 earnings call on August 8, 2024, at 8:30 a.m. ET by calling (866) 424-3437 or accessing the live audio broadcast on the company's website.

What is the dividend for GLAD's Series A Preferred Stock in September 2024?

For September 2024, Gladstone Capital (Nasdaq: GLAD) announced a dividend of $0.130208 per share of Series A Preferred Stock, payable on October 4.

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