Gladstone Capital Corporation Announces Monthly Cash Distributions on Common and 6.75% Series 2021 Term Preferred Stock for January, February and March, 2017, Payable on January 31, 2017, February 28, 2017 and March 31, 2017 Respectively
January 11, 2017 at 02:35 am IST
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Gladstone Capital Corporation announced that its board of directors declared cash distributions $0.07 per share of common stock and $0.140625 per share of the company's 6.75% series 2021 term preferred stock for each of January, February and March, 2017, payable on January 31, 2017, February 28, 2017 and March 31, 2017 respectively to the recorded shareholders on January 20, 2017, February 16, 2017 and March 22, 2017 respectively and the ex-dividend date is January 18, 2017, February 14, 2017 and March 20, 2017 respectively.
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 Announces Monthly Cash Distributions on Common and 6.75% Series 2021 Term Preferred Stock for January, February and March, 2017, Payable on January 31, 2017, February 28, 2017 and March 31, 2017 Respectively
GLADSTONE CAPITAL CORPORATION 
