Gladstone Capital Corp Stock Price, News & Analysis

Gladstone Capital Corporation (Nasdaq:GLAD) announces a partnership with Bennett Capital Partners and Viva Railings through a senior debt investment and growth capital infusion. This investment aims to bolster Viva Railings' expansion and new initiatives in the architectural railing market. Viva Railings has established itself as a leader in modular stainless-steel railings, with a reputation for innovation and reliability. This move is designed to facilitate continued growth and enhance operational capabilities.

Gladstone Capital Corporation (NASDAQ:GLAD) announced cash distributions of $0.0675 per share for July, August, and September 2022, totaling $0.2025 for the quarter. The record and payment dates are outlined for each month. Additionally, the company plans to report its earnings for the third fiscal quarter ended June 30, 2022, on July 27, 2022, followed by a conference call on July 28, 2022, at 8:30 a.m. EDT. Investors can access the call online and via phone. For more details, the company offers a dividend reinvestment plan (DRIP).

Gladstone Capital Corporation (NASDAQ:GLAD) reported its earnings for Q2 2022, ending March 31. Total investment income increased to $17.3 million from $16.2 million the prior quarter, a 6.8% rise. However, net investment income fell by 5.1% to $8.7 million, or $0.25 per share, covering dividends by 130%. The company’s total assets decreased to $537.7 million, down 6.7% from the previous quarter. Despite a 22.2% rise in total expenses, net assets rose by $8.3 million for the quarter. The debt-to-equity ratio remains a manageable 68.5%.

Gladstone Capital Corporation (NASDAQ:GLAD) will conduct its Second Fiscal Quarter Earnings Call on May 4, 2022, at 8:30 a.m. EST. Investors can join the conference via webcast or by calling (866) 424-3437. A replay will be available until May 11, 2022, by dialing (877) 660-6853 with conference number 13727660. Gladstone Capital focuses on investing in lower middle market businesses in the U.S. through debt and equity securities.

Gladstone Capital Corporation (Nasdaq:GLAD) announced an increase in monthly cash distributions for the months of April, May, and June 2022. Shareholders will receive $0.0675 per share each month, totaling $0.2025 for the quarter. Record and payment dates are provided for each month. Additionally, the company plans to report its earnings for the second fiscal quarter, which ended on March 31, 2022, after market close on May 3, 2022, followed by a conference call on May 4, 2022.

Gladstone Capital Corporation (GLAD) reported its first fiscal quarter earnings for the period ending December 31, 2021. Total investment income increased to $16.2 million, up from $14.4 million in the previous quarter, driven by a $1.6 million rise in success fees. Net investment income surged 33.9% to $9.2 million, or $0.27 per share, surpassing dividends of $0.195 paid during the quarter. The Net Asset Value (NAV) rose to $323.9 million, or $9.44 per share, representing a 1.7% increase.

Gladstone Capital Corporation (NASDAQ:GLAD) announced an earnings call for its first fiscal quarter ending December 31, 2021, scheduled for February 3, 2022, at 8:30 a.m. EST. Investors can join via webcast or by calling (866) 424-3437. A conference call replay will be available through February 10, 2022. The company, a publicly traded business development firm, primarily invests in secured loans to lower middle market businesses in the U.S. For more information, visit www.gladstonecapital.com.

Gladstone Capital Corporation (Nasdaq:GLAD) announced monthly cash distributions of $0.065 per share for January, February, and March 2022, totaling $0.195 for the quarter. The record dates are January 21, February 18, and March 23, with payment dates on January 31, February 28, and March 31, respectively. Additionally, Gladstone plans to release its earnings for the first fiscal quarter ended December 31, 2021, after the market closes on February 2, 2022, followed by a conference call on February 3.

Gladstone Capital Corporation (NASDAQ:GLAD) has completed a senior debt and minority equity investment to support the recapitalization of WorkforceQA, LLC, a leading tech-enabled Third-Party Administrator (TPA) specializing in compliance solutions for regulated industries. This investment is in partnership with Hamilton Robinson Capital Partners and WorkforceQA's management. The move aims to enhance WorkforceQA's capabilities in employee screening services, bolstering its growth trajectory within major sectors like trucking and logistics.