Gladstone Capital Corporation Announces Common Stock and Term Preferred Stock Monthly Cash Distributions for July, August and September 2013
MCLEAN, Va., July 9, 2013 /PRNewswire/ -- Gladstone Capital Corporation (NASDAQ: GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions:
(Logo: http://photos.prnewswire.com/prnh/20101005/GLADSTONECAPITAL )
Common Stock: $0.07 per share of common stock for each of July, August and September 2013, payable per Table 1 below. The Company has paid 117 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid eight consecutive quarterly cash distributions.
Table 1: Summary table for common stock cash distributions: |
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Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
July 17 |
July 19 |
July 31 |
$0.07 |
August 19 |
August 21 |
August 30 |
$0.07 |
September 16 |
September 18 |
September 30 |
$0.07 |
Total for the Quarter: |
$0.21 |
Term Preferred Stock: $0.1484375 per share of the Company's 7.125% Series 2016 Term Preferred Stock ("Term Preferred Stock") for each of July, August and September 2013, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GLADP."
Table 2: Summary table for Term Preferred Stock cash distributions: |
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Ex-Dividend Date |
Record Date |
Payment Date |
Cash Distribution |
July 17 |
July 19 |
July 31 |
$0.1484375 |
August 19 |
August 21 |
August 30 |
$0.1484375 |
September 16 |
September 18 |
September 30 |
$0.1484375 |
Total for the Quarter: |
$0.4453125 |
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities, consisting primarily of senior term loans, second term lien loans, and senior subordinate term loans in small and medium-sized businesses in the United States. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
SOURCE Gladstone Capital Corporation
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