Gladstone Capital Corporation Announces Monthly Cash Distributions for July, August and September 2024, Payable on July 31, 2024, August 30, 2024 and September 30, 2024
July 09, 2024 at 04:05 pm EDT
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Gladstone Capital Corporation announced $0.165 per share of common stock for each of July, August and September 2024. Record dates are July 22, 2024, August 21 2024 and September 20, 2024 respectively. Payment dates are July 31, 2024, August 30, 2024 and September 30, 2024 respectively.
Gladstone Capital Corporation is a closed-end, non-diversified management investment company. The Companyâs investment objectives are to: achieve and grow current income by investing in debt securities of established lower middle market companies (which generally define as companies with annual earnings before interest, taxes, depreciation and amortization (EBITDA) of $3 million to $15 million) in the United States that will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit to sell its equity investments for capital gains. It focuses on investing in lower middle market companies. The Company externally managed by Gladstone Management Corporation (the Adviser).
Gladstone Capital Corporation Announces Monthly Cash Distributions for July, August and September 2024, Payable on July 31, 2024, August 30, 2024 and September 30, 2024