MCLEAN, Va., Jan. 8, 2013 /PRNewswire/ -- Gladstone Capital Corporation (NASDAQ: GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions:

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Common Stock

$0.07 per share of common stock for each of January, February and March 2013, payable per Table 1 below. The Company has paid 111 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid eight consecutive quarterly cash distributions.

Table 1: Summary table for common stock cash distributions for the quarter ending March 31, 2013:


        Declaration Date Ex-Dividend Date Record Date Payment Date               Cash Distribution
    ---------------- ---------------- ----------- ------------               -----------------
    January 8        January 16       January 18  January 31                                   $0.07
    ---------        ----------       ----------  ----------                                   -----
    January 8        February 13      February 15 February 28                                  $0.07
    ---------        -----------      ----------- -----------                                  -----
    January 8        March 13         March 15    March 28                                     $0.07
    ---------        --------         --------    --------                                     -----
                                                       Total for the Quarter:                    $0.21
                                                       ----------------------                    -----

Term Preferred Stock

$0.1484375 per share of the Company's 7.125% Series 2016 Term Preferred Stock ("Term Preferred Stock") for each of January, February and March 2013, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GLADP."

Table 2: Summary table for Term Preferred Stock cash distributions for the quarter ending March 31, 2013:


         Declaration
     Date        Ex-Dividend Date Record Date Payment Date               Cash Distribution
     ----------- ---------------- ----------- ------------               -----------------
    January 8    January 16       January 18  January 31                                   $0.1484375
    ---------    ----------       ----------  ----------                                   ----------
    January 8    February 13      February 15 February 28                                  $0.1484375
    ---------    -----------      ----------- -----------                                  ----------
    January 8    March 13         March 15    March 28                                     $0.1484375
    ---------    --------         --------    --------                                     ----------
                                                   Total for the Quarter:                    $0.4453125
                                                   ----------------------                    ----------

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 senior term loans, second term lien loans, and senior subordinate term loans in small and medium-sized 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