Gladstone Capital Announces Monthly Cash Distributions for April, May and June 2025 and Conference Call Date
Rhea-AI Summary
Gladstone Capital (Nasdaq:GLAD) has announced its monthly cash distributions for April, May, and June 2025, along with its upcoming earnings report schedule. The company declared $0.165 per share of common stock for each month, totaling $0.495 for the quarter.
For Series A Preferred Stock holders, the company will distribute $0.130208 per share monthly, amounting to $0.390624 for the quarter. The company offers a dividend reinvestment plan (DRIP) to common stockholders.
Additionally, Gladstone Capital will report its second fiscal quarter earnings (ended March 31, 2025) after market close on May 6, 2025, followed by a conference call on May 7, 2025 at 8:30 a.m. ET. The conference call replay will be available until May 14, 2025.
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News Market Reaction
On the day this news was published, GLAD gained 7.14%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
MCLEAN, VA / ACCESS Newswire / April 8, 2025 / 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 2025 and also announced its plan to report earnings for its second fiscal quarter ended March 31, 2025.
Cash Distributions:
Common Stock:
Record Date | Payment Date |
| Cash Distribution |
| |
April 21 | April 30 |
| $ | 0.165 |
|
May 21 | May 30 |
| $ | 0.165 |
|
June 20 | June 30 |
| $ | 0.165 |
|
Total for the Quarter: |
| $ | 0.495 |
| |
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.
Series A Preferred Stock (Unlisted):
Record Date | Payment Date |
| Cash Distribution |
| |
April 25 | May 5 |
| $ | 0.130208 |
|
May 27 | June 5 |
| $ | 0.130208 |
|
June 25 | July 3 |
| $ | 0.130208 |
|
Total for the Quarter: |
| $ | 0.390624 |
| |
Earnings Announcement:
The Company also announced today that it plans to report earnings for the second fiscal quarter ended March 31, 2025, after the stock market closes on Tuesday, May 6, 2025. The Company will hold a conference call Wednesday, May 7, 2025 at 8:30 a.m. ET to discuss its earnings results. Please call (866) 424-3437 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 14, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13752152.
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.
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.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.
SOURCE: Gladstone Capital Corporation
View the original press release on ACCESS Newswire