Gladstone Capital Announces Monthly Cash Distributions for April, May and June 2018
April 10 2018 - 4:20PM
Gladstone Capital Corporation (NASDAQ:GLAD) (the “Company”)
announced today that its board of directors declared the following
monthly cash distributions for April, May and June 2018 and also
announced its plan to report earnings for the second fiscal quarter
ended March 31, 2018.
Cash Distributions:
Common Stock: $0.07 per share of common stock
for each of April, May and June 2018, payable per the table below.
The Company has paid 174 consecutive monthly cash distributions on
its common stock.
|
Record Date |
Payment Date |
Cash Distribution |
|
April
20 |
April
30 |
$ |
0.07 |
|
May
22 |
May
31 |
$ |
0.07 |
|
June
20 |
June
29 |
$ |
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 April, May and June 2018,
payable per the table below. The Term Preferred Stock trades on the
NASDAQ under the symbol “GLADN.”
|
Record Date |
Payment Date |
Cash Distribution |
|
April
20 |
April
30 |
$ |
0.125 |
|
May
22 |
May
31 |
$ |
0.125 |
|
June
20 |
June
29 |
$ |
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.
Earnings Announcement:
The Company also announced today that it plans to report
earnings for the second fiscal quarter ended March 31, 2018, after
the stock market closes on Wednesday, May 2, 2018. The Company will
hold a conference call Thursday, May 3, 2018 at 8:30 a.m. EDT to
discuss its earnings results. Please call (855) 465-0177 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 May 10, 2018. To hear the replay, please
dial (855) 859-2056 and use playback conference number
54345967.
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 through
July 3, 2018.
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 703 287 5893
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