Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) Plans Dividend Increase – $0.48 Per Share

Gladstone Capital Co. 7.75% Notes due 2028 (NASDAQ:GLADZ) announced a quarterly dividend on Friday, January 10th,Wall Street Journal reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.4844 per share on Monday, June 2nd. This represents a $1.94 annualized dividend and a dividend yield of 7.61%. The ex-dividend date is Thursday, May 15th. This is a boost from Gladstone Capital Co. 7.75% Notes due 2028’s previous quarterly dividend of $0.48.

Gladstone Capital Co. 7.75% Notes due 2028 Trading Down 0.1 %

Shares of NASDAQ:GLADZ traded down $0.03 on Friday, hitting $25.46. 3,929 shares of the company were exchanged, compared to its average volume of 4,688. Gladstone Capital Co. 7.75% Notes due 2028 has a 1-year low of $24.75 and a 1-year high of $25.70. The stock’s 50 day moving average price is $25.36 and its 200 day moving average price is $25.43.

About Gladstone Capital Co. 7.75% Notes due 2028

leaders in private equity, debt and real estate ownership and financing, the gladstone companies are a family of public investment funds. our funds as applicable, invest in commercial real estate, farmland, and small and medium-sized companies and provide financing to such businesses across the capital structure, from second lien and mezzanine debt, to equity and real estate financing solutions.