Gladstone Capital Corp. (GLAD) Declares Monthly Dividend of $0.07
Gladstone Capital Corp. (NASDAQ:GLAD) declared a monthly dividend on Wednesday, October 9th, Analyst Ratings.Net reports. Shareholders of record on Tuesday, October 22nd will be given a dividend of $0.07 per share on Thursday, October 31st. This represents a $0.84 dividend on an annualized basis and a yield of 9.72%. The ex-dividend date of this dividend is Friday, October 18th.
GLAD has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Gladstone Capital Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $9.40 price target on the stock. On a related note, analysts at Hilliard Lyons downgraded shares of Gladstone Capital Corp. to an “underperform” rating in a research note to investors on Thursday, August 1st.
Gladstone Capital Corp. (NASDAQ:GLAD) traded down 0.12% on Wednesday, hitting $8.64. 91,779 shares of the company’s stock traded hands. Gladstone Capital Corp. has a one year low of $7.25 and a one year high of $9.46. The stock has a 50-day moving average of $8.48 and a 200-day moving average of $8.64. The company has a market cap of $181.4 million and a P/E ratio of 20.16.
Gladstone Capital Corporation operates as a closed-end, non-diversified management investment company.
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