Gladstone Capital Announces Monthly Cash Distributions

By Bobby Samwell • Wednesday, July 10 15:17 • Permanent Link

Gladstone Capital Corporation (NASDAQ: GLAD) has announced its monthly cash distributions for the months of July, August, and September 2024. The board of directors declared a cash distribution of $0.165 per share for each of these months, with a total distribution of $0.495 for the quarter. The record and payment dates for the distributions are as follows:

July distribution: Record date of July 22, 2024, and payment date of July 31, 2024
August distribution: Record date of August 21, 2024, and payment date of August 30, 2024
September distribution: Record date of September 20, 2024, and payment date of September 30, 2024

Gladstone Capital Corporation also announced its plan to report earnings for its third fiscal quarter ended June 30, 2024.

It is important to note that the company offers a dividend reinvestment plan (DRIP) to its common stockholders, providing them with the option to reinvest their cash distributions into additional shares of the company's common stock. Following these announcements, the company's shares moved 0.5%, and are now trading at a price of $23.96. For the full picture, make sure to review Gladstone Capital's 8-K report.

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