Gladstone Capital Announces Monthly Cash Distributions and Conference Call Date

Gladstone Capital Corporation, based in McLean, VA, revealed its board of directors has set monthly cash distributions for April, May, and June 2024 for both its common and series A preferred stock. Additionally, the corporation has scheduled a date to report its earnings for the second fiscal quarter ended March 31, 2024.

For its common stock, the company announced a distribution of $0.165 per share for each of the months within the quarter, culminating in a total quarterly distribution of $0.495 per share. This follows the recent 1-for-2 reverse stock split. For its unlisted 6.25% Series A Cumulative Redeemable Preferred Stock, a monthly distribution of $0.130208 per share was declared, resulting in a total of $0.390624 for the quarter.

Furthermore, Gladstone Capital Corporation is set to report its Q2 earnings on May 1, 2024, after market closure, with a conference call to discuss the results scheduled for 8:30 a.m. ET on May 2, 2024. Details for joining the call and accessing the replay are provided for interested parties.