Gladstone Capital Announces Monthly Cash Distributions for January, February and March 2025 and Conference Call Date
Gladstone Capital (Nasdaq:GLAD) has announced its monthly cash distributions for Q1 2025 and upcoming earnings call details.
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Gladstone Capital (Nasdaq:GLAD) has announced its monthly cash distributions for Q1 2025 and upcoming earnings call details. The company declared monthly common stock distributions of $0.165 per share for January, February, and March 2025, totaling $0.495 for the quarter. Additionally, the Series A Preferred Stock will receive monthly distributions of $0.130208 per share, totaling $0.390624 for the quarter.
The company will report its Q1 FY2025 earnings (period ended December 31, 2024) after market close on February 11, 2025, followed by a conference call on February 12, 2025, at 8:30 a.m. ET. A conference call replay will be available until February 19, 2025. The company maintains a dividend reinvestment plan (DRIP) for common stockholders.
Details
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MCLEAN, VA / ACCESSWIRE / January 14, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for January, February and March 2025 and also announced its plan to report earnings for its first fiscal quarter ended December 31, 2024.
Cash Distributions:
Common Stock:
Record Date | Payment Date |
| Cash Distribution |
| |
January 24 | January 31 |
| $ | 0.165 |
|
February 19 | February 28 |
| $ | 0.165 |
|
March 19 | March 31 |
| $ | 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 |
| |
January 27 | February 5 |
| $ | 0.130208 |
|
February 25 | March 5 |
| $ | 0.130208 |
|
March 26 | April 4 |
| $ | 0.130208 |
|
Total for the Quarter: |
| $ | 0.390624 |
| |
Earnings Announcement:
The Company also announced today that it plans to report earnings for the first fiscal quarter ended December 31, 2024, after the stock market closes on Tuesday, February 11, 2025. The Company will hold a conference call Wednesday, February 12, 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 February 19, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13750254.
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 accesswire.com
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