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Gladstone Capital Corp. - GLAD STOCK NEWS

Welcome to our dedicated news page for Gladstone Capital (Ticker: GLAD), a resource for investors and traders seeking the latest updates and insights on Gladstone Capital.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Gladstone Capital's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Gladstone Capital's position in the market.

Rhea-AI Summary
Gladstone Capital (Nasdaq: GLAD) declares monthly cash distributions for April, May, and June 2024, with a doubled dividend due to a recent reverse stock split. The Company also announces earnings report for the second fiscal quarter ending March 31, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
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Rhea-AI Summary
Gladstone Capital (GLAD) announces a 1-for-2 reverse stock split effective on April 5, 2024, reducing outstanding shares from 43.5 million to 21.8 million. Shareholder distributions will adjust accordingly. The company's common stock will continue trading on Nasdaq under the symbol GLAD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
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Rhea-AI Summary
Gladstone Capital Corporation (GLAD) announced earnings for its first fiscal quarter ended December 31, 2023, with a net investment income of $11.9 million, covering distributions paid by over 110%. The company experienced a 6.4% increase in total investments at fair value and saw a decrease in total investment income and expenses. The portfolio activity included investments in new and existing portfolio companies, and the credit facility amount was increased by $10.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.66%
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Rhea-AI Summary
Gladstone Capital Corporation (Nasdaq:GLAD) has announced its First Fiscal Quarter ended December 31, 2023 Earnings Call & Webcast scheduled for Tuesday, February 6, 2024, at 8:30 a.m. Eastern Time. The event will be accessible via webcast and phone. Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, primarily secured first and second lien term loans to lower middle market businesses in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
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Rhea-AI Summary
Gladstone Capital Corporation (GLAD) declared monthly cash distributions for January, February, and March 2024. The common stock will receive $0.0825 per share, and the Series A Preferred Stock will receive $0.130208 per share. The company also announced its plan to report earnings for its first fiscal quarter ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
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Rhea-AI Summary
Gladstone Capital Corporation (NASDAQ:GLAD) acts as Administrative Agent and Lead Arranger on a $55 million senior secured credit facility for Café Zupas, a healthy fast casual restaurant brand with 73 company-owned stores across eight states. The financing supports new store development initiatives. Lafayette Square and affiliated entities are co-lenders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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Rhea-AI Summary
Gladstone Capital Corporation (Nasdaq:GLAD) Announces Fourth Quarter and Fiscal Year 2023 Earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
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Rhea-AI Summary
Gladstone Capital Corporation (Nasdaq: GLAD) announces its Fourth Fiscal Quarter ended September 30, 2023 Earnings Call & Webcast on November 14, 2023 @ 8:30 a.m. Eastern Time. The company, a publicly traded business development firm, specializes in investing in debt and equity securities for lower middle market businesses in the United States. More information can be found at www.gladstonecompanies.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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Rhea-AI Summary
Gladstone Capital Corporation announces monthly cash distributions for October, November, and December 2023 and conference call date.
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Rhea-AI Summary
Gladstone Capital Corporation announced a public offering of $50.0 million aggregate principal amount of 7.75% Notes due 2028. The Notes will mature on September 1, 2028 and may be redeemed in whole or in part at any time or from time to time. The Notes will bear interest at a rate of 7.75% per year payable quarterly. The underwriters have an option to purchase up to an additional $7.5 million in aggregate principal amount of Notes. The Company expects to list the Notes on the Nasdaq Global Select Market under the trading symbol 'GLADZ'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
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Gladstone Capital Corp.

Nasdaq:GLAD

GLAD Rankings

GLAD Stock Data

441.83M
2.87%
11.56%
1.19%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Mc Lean

About GLAD

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions. financing for the gladstone companies is provided by four public investment vehicles: gladstone capital corporation (nasdaq: glad), gladstone investment corporation (nasdaq: gain), gladstone commercial corporation (nasdaq: good), and gladstone land corporation (nasdaq: land). target investments generally range from $5 to $30 million in companies with over $3 million in ebitda. target industries: light and specialty manufacturing, industrial products and services, business and government services, aerospace and defense, media and communications, consumer products and services, healthcare service