Gladstone Capital Announces Monthly Cash Distributions for October, November and December 2025 and Conference Call Date

Rhea-AI Summary

Gladstone Capital (Nasdaq:GLAD) declared monthly cash distributions of $0.15 per share for each of October, November and December 2025 (total $0.45 for the quarter) for common stock, and $0.130208 per share per month for Series A preferred (total $0.390624 for the quarter).

The board said the common distribution was adjusted down 9.1% to $0.15 per month effective with the October 31, 2025 payment, citing declines in short-term floating rates. Management reported net originations in excess of $100 million for the quarter, a $6.71 per-share NAV increase over five years, and a 16.8% return on equity for that period.

The company will report Q4 fiscal 2025 earnings after market close on Nov 17, 2025 and hold a conference call on Nov 18, 2025 at 8:30 a.m. ET with a replay available through Nov 25, 2025.

Positive

• Net originations >$100 million in Q4 fiscal 2025 quarter
• Net asset value +$6.71 per share over five years
• Return on equity 16.8% over the five-year period

Negative

• Common monthly distribution reduced 9.1% to $0.15 effective Oct 31, 2025
• Quarterly common dividend now $0.45, lowering immediate cash yield

MCLEAN, VA / ACCESS Newswire / October 14, 2025 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions for October, November and December 2025 and also announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2025.

Cash Distributions:

Common Stock: $0.15 per share of common stock for each of October, November and December 2025, payable per the table below.

Record Date	Payment Date		Cash Distribution
October 24	October 31		$	0.15
November 17	November 26		$	0.15
December 22	December 31		$	0.15
	Total for the Quarter:		$	0.45

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): $0.130208 per share of 6.25% Series A Cumulative Redeemable Preferred Stock for each of October, November and December 2025, payable per the table below:

Record Date	Payment Date		Cash Distribution
October 27	November 5		$	0.130208
November 25	December 5		$	0.130208
December 29	January 5		$	0.130208
	Total for the Quarter:		$	0.390624

Comments from Gladstone Capital's President, Bob Marcotte: "GLAD's management remains committed to delivering attractive returns to shareholders. Reflecting this commitment, our monthly distribution increased over time from $0.13¹ per share as of June 30, 2020 to $0.165 most recently. However, given the decline in short-term floating rates over the past year and expectations for further decreases, current investment yields no longer support the current dividend rate. Accordingly, the GLAD common distribution will be adjusted by 9.1% to $0.15 per share per month effective with the October 31, 2025 payment. This adjustment aligns with our disciplined asset origination strategy and competitive market conditions for high-quality, growth-oriented lower-middle-market investments, an essential element of our long-term investment philosophy. While our portfolio continues to perform well, with net originations in excess of $100 million during the quarter ended September 30, 2025, maintaining our competitive position remains a priority. Strong portfolio performance and equity appreciation generated a $6.71 per-share increase in net asset value over the past five years and contributed to GLAD's 16.8% return on equity for the period."

Earnings Announcement:

The Company also announced today that it plans to report earnings for the fourth fiscal quarter ended September 30, 2025, after the stock market closes on Monday, November 17, 2025. The Company will hold a conference call Tuesday, November 18, 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 November 25, 2025. To hear the replay, please dial (877) 660-6853 and use playback conference number 13755536.

The live audio broadcast of the Company's conference call will be available online at www.gladstonecapital.com.

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.

¹ Adjusted on a retroactive basis to reflect the Reverse Stock Split effected on April 4, 2024.

SOURCE: Gladstone Capital Corporation

View the original press release on ACCESS Newswire

FAQ

What dividend did Gladstone Capital (GLAD) declare for October–December 2025?

Gladstone Capital declared $0.15 per share monthly for common stock (total $0.45 for the quarter) and $0.130208 monthly for Series A preferred.

Why did GLAD cut its common distribution to $0.15 per month on Oct 31, 2025?

Management cited a decline in short-term floating rates and investment yields that no longer support the prior dividend rate, prompting a 9.1% reduction.

When will Gladstone Capital (GLAD) report Q4 fiscal 2025 earnings and hold the conference call?

GLAD will report earnings after market close on Nov 17, 2025 and hold a conference call on Nov 18, 2025 at 8:30 a.m. ET.

How can investors access the GLAD earnings call replay and until when?

A replay is available by phone using playback number 13755536 and will be accessible through Nov 25, 2025.

What recent portfolio performance metrics did Gladstone Capital report for investors?

The company reported net originations >$100 million during the quarter, a $6.71 per-share NAV increase over five years, and a 16.8% return on equity for that period.