Gladstone Capital Corporation (NASDAQ: GLAD) has announced its monthly cash distributions for the months of October, November, and December 2024. The board of directors declared a cash distribution of $0.165 per share of common stock for each of these months, with the total distribution for the quarter amounting to $0.495.
The record and payment dates for the cash distributions are as follows: For October: The record date is October 22, and the payment date is October 31. For November: The record date is November 20, and the payment date is November 29. * For December: The record date is December 20, and the payment date is December 31.
Additionally, the company has announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2024.
It's worth noting that the company also 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.
These announcements provide insight into the company's commitment to providing regular income to its investors through monthly cash distributions, as well as its upcoming financial reporting activities. Following these announcements, the company's shares moved 1.8%, and are now trading at a price of $24.49. Check out the company's full 8-K submission here.
