Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2018
10 January 2018 - 8:05AM
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 2018.
Cash Distributions:
Common Stock: $0.07 per share of common stock
for each of January, February and March 2018, payable per the table
below. The Company has paid 171 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 Date |
|
Payment Date |
|
Cash Distribution |
|
January 22 |
|
January 31 |
|
$0.07 |
|
February 16 |
|
February 28 |
|
$0.07 |
|
March
20 |
|
March
30 |
|
$0.07 |
Total for the Quarter: |
$0.21 |
Term Preferred Stock: $0.125
per share of the Company’s 6.00% Series 2024 Term Preferred Stock
(“Term Preferred Stock”) for each of January, February and March
2018, payable per the table below. The Term Preferred Stock trades
on the NASDAQ under the symbol “GLADN.”
|
Record Date |
|
Payment Date |
|
Cash Distribution |
|
January 22 |
|
January 31 |
|
$0.125 |
|
February 16 |
|
February 28 |
|
$0.125 |
|
March
20 |
|
March
30 |
|
$0.125 |
Total for the Quarter: |
$0.375 |
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.
Source: Gladstone Capital Corporation
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