Gladstone Capital Corporation Declares Monthly Dividend for the Month of January, February and March, Payable on January 29, 2021, February 26, 2021, March 31, 2021 Respectively
January 12, 2021 at 04:16 pm EST
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Gladstone Capital Corporation declared $0.065 per share of common stock for each of January, February and March 2021, payable on January 29, 2021, February 26, 2021, March 31, 2021, record date is January 22, February 17, March 18, 2021.
Gladstone Capital Corporation is a closed-end, non-diversified management investment company. The Companyâs investment objectives are to: achieve and grow current income by investing in debt securities of established lower middle market companies (which generally define as companies with annual earnings before interest, taxes, depreciation and amortization (EBITDA) of $3 million to $15 million) in the United States that will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit to sell its equity investments for capital gains. It focuses on investing in lower middle market companies. The Company externally managed by Gladstone Management Corporation (the Adviser).
Gladstone Capital Corporation Declares Monthly Dividend for the Month of January, February and March, Payable on January 29, 2021, February 26, 2021, March 31, 2021 Respectively