Welcome to our dedicated page for Gladstone Capital news (Ticker: GLAD), a resource for investors and traders seeking the latest updates and insights on Gladstone Capital stock.
Gladstone Capital Corporation (NASDAQ: GLAD) provides investors with comprehensive news coverage of this business development company specializing in secured debt and equity investments. This centralized resource aggregates official press releases, financial updates, and strategic developments for lower middle market financing activities.
Access timely updates on GLAD's portfolio management, earnings announcements, and capital deployment strategies. Users will find detailed reporting on secured lending activities, equity co-investments, and operational milestones across key sectors including industrial manufacturing and healthcare services.
The news collection features essential updates such as quarterly earnings disclosures, dividend declarations, portfolio company acquisitions, and regulatory filings. Additional coverage includes analysis of strategic initiatives like reverse stock splits and balance sheet optimization measures that impact shareholder value.
Bookmark this page for direct access to GLAD's latest financial communications and market-moving developments. Regular updates ensure stakeholders maintain informed perspectives on the company's performance in business development financing and risk-managed investment strategies.
Gladstone Capital Corporation (NASDAQ:GLAD) announced its investment in Engineering Manufacturing Technologies, LLC (EMT Metals) through a senior debt and minority equity stake, aiding in the company's management buyout. Since 2013, EMT Metals has increased its revenue nearly six-fold under CEO Jim Kirkwood's leadership, focusing on quality and customer service. Gladstone's involvement is expected to enhance EMT's growth initiatives and profitability through internal expansion and potential acquisitions, leveraging its advanced manufacturing capabilities.
Gladstone Capital Corporation (Nasdaq:GLAD) announced monthly cash distributions of $0.065 per share for October, November, and December 2021, totaling $0.195 for the quarter. The record dates for these distributions are October 22, November 19, and December 23, with payment dates on October 29, November 30, and December 31, respectively. Additionally, GLAD plans to report earnings for the fiscal year ended September 30, 2021, after market close on November 15, 2021, followed by a conference call on November 16 at 8:30 a.m. EST.
Gladstone Capital Corporation (NASDAQ:GLAD) announced plans to redeem all outstanding 5.375% Notes due 2024 on November 1, 2021. The redemption price is 100% of the $38,812,500 principal amount, plus accrued interest. Registered holders will receive a notice of redemption via U.S. Bank National Association. Following the redemption, the notes will be delisted from the Nasdaq Global Select Market. Forward-looking statements indicate potential uncertainties surrounding the completion of this transaction.
Gladstone Capital Corporation (Nasdaq:GLAD) reported its third fiscal quarter earnings for the period ending June 30, 2021. Total investment income increased to $13.7 million, up from $12.9 million in the prior quarter, driven by higher interest income. Net investment income rose by 3.2% to $6.6 million, or $0.195 per share. The net increase in net assets was $17.9 million with a net asset value per share of $8.52. The company maintains strong liquidity with over $130 million available under its credit facility.
Gladstone Capital Corporation (Nasdaq:GLAD) is set to hold its Third Fiscal Quarter Earnings Call on August 4, 2021, at 8:30 a.m. EDT. Investors can join the webcast through the provided link or by calling (866) 424-3437. A replay will be available until August 11, 2021. Gladstone Capital focuses on investing in debt and equity securities, primarily targeting lower middle market businesses in the U.S. Detailed information about the company’s activities is accessible on their website.
Gladstone Capital Corporation (NASDAQ:GLAD) declared monthly cash distributions of $0.065 per share for July, August, and September 2021, totaling $0.195 for the quarter. The record and payment dates are set for July 23 (payment on July 30), August 23 (payment on August 31), and September 22 (payment on September 30). Additionally, the company plans to report its earnings for the third fiscal quarter ended June 30, 2021, after market close on August 3, 2021, followed by a conference call on August 4 at 8:30 a.m. EDT.
Gladstone Capital Corporation (NASDAQ:GLAD) reported its second fiscal quarter earnings for the period ended March 31, 2021, showcasing total investment income of $12.9 million, a slight increase from the previous quarter. The net investment income was $6.4 million, or $0.195 per share, an increase of 1.9%. The company experienced a net increase in assets of $21.3 million, driven by $16.0 million in net appreciation. The net asset value per common share rose to $8.11, up 6.6% from December 31, 2020. The company maintains a conservative debt-to-equity ratio of 86.1% and reported significant liquidity with over $140 million available.
Gladstone Capital Corporation (Nasdaq:GLAD) will host its Second Fiscal Quarter earnings call on May 5, 2021, at 8:30 a.m. EDT. The call will be accessible via webcast and phone, with a replay available until May 12, 2021. As a business development company, Gladstone Capital focuses on investing in secured loans for lower middle-market businesses in the U.S. For more information, visit www.gladstonecapital.com.
Gladstone Capital Corporation (NASDAQ:GLAD) has appointed James Mazza as a Director in Los Angeles, tasked with managing debt and co-equity investments and leading West Coast operations. Mazza brings over a dozen years of experience from Levine Leichtman Capital Partners and GE Capital, enhancing the company's investment capabilities in the lower middle market. His background includes responsibilities in originating and managing leveraged loans, aligning with Gladstone's investment strategy.
Gladstone Capital Corporation (NASDAQ:GLAD) declared monthly cash distributions of $0.065 per share for April, May, and June 2021, totaling $0.195 for the quarter. The record dates are April 23, May 19, and June 18, with payment dates on April 30, May 28, and June 30, respectively. Additionally, the company plans to report its earnings for the second fiscal quarter on May 4, 2021, after market close, and will hold a conference call on May 5, 2021, at 8:30 a.m. EDT to discuss the results.
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