Notable Dividend Flow: Gladstone Capital Corporation (NASDAQ:GLAD) advises investors to expect $0.07 dividends on Oct 31, 2016.

Notable Dividend Flow: Gladstone Capital Corporation (NASDAQ:GLAD) advises investors to expect $0.07 dividends on Oct 31, 2016.

Gladstone Capital Corporation (NASDAQ:GLAD) is expected to pay $0.07 on Oct 31, 2016. The indicated annual dividend is $0.84. Shareholders owning the stock before Oct 19, 2016 will be eligible to receive the payout. Based on Gladstone Capital Corporation’s current price of $8.33, the dividend is 0.84%. This dividend’s record date is Oct 21, 2016 and the announcement date is Oct 12, 2016. The stock decreased 1.07% or $0.09 on October 17, hitting $8.33. Gladstone Capital Corporation (NASDAQ:GLAD) has risen 10.19% since March 15, 2016 and is uptrending. It has outperformed by 4.70% the S&P500.

Gladstone Capital Corporation is an externally managed, closed-end and non-diversified management investment company. The company has a market cap of $196.80 million. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that will provide earnings and cash flow to pay expenses, which make principal and interest payments on its indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it can grow over time to permit clients to sell its equity investments for capital gains. It currently has negative earnings. The Company’s investment portfolio is approximately 91.2% in debt investments and approximately 8.8% in equity investments.

Insitutional Activity: The institutional sentiment increased to 0.92 in 2016 Q2. Its up 0.29, from 0.63 in 2016Q1. The ratio increased, as 12 funds sold all Gladstone Capital Corporation shares owned while 13 reduced positions. 10 funds bought stakes while 13 increased positions. They now own 1.73 million shares or 21.09% less from 2.19 million shares in 2016Q1.
Citigroup owns 11,664 shares or 0% of their US portfolio. Retail Bank Of America De has invested 0% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD). American Research & Mngmt holds 0% or 400 shares in its portfolio. First Foundation Advisors accumulated 0.01% or 12,701 shares. Creative Planning owns 20,618 shares or 0% of their US portfolio. Sigma Planning Corporation last reported 29,223 shares in the company. California Employees Retirement System, a California-based fund reported 37,300 shares. Pnc Grp accumulated 0% or 8,634 shares. Atlantic Tru Llc holds 0% or 32,500 shares in its portfolio. Wfg Limited Partnership holds 15,769 shares or 0.03% of its portfolio. Moreover, Northern Tru has 0% invested in Gladstone Capital Corporation (NASDAQ:GLAD) for 11,236 shares. Bard Associate accumulated 0.11% or 28,850 shares. Tradewinds Management Limited Liability reported 3 shares or 0% of all its holdings. Morgan Stanley last reported 222,099 shares in the company. Us Bank & Trust De reported 4,848 shares or 0% of all its holdings.

More notable recent Gladstone Capital Corporation (NASDAQ:GLAD) news were published by: Finance.Yahoo.com which released: “Gladstone Capital Corporation Strikes Success in Oil and Gas” on October 03, 2016, also Globenewswire.com with their article: “Gladstone Capital Corporation Invests in eCommerce Business” published on July 29, 2016, Nasdaq.com published: “Gladstone Capital Corporation (GLAD) Ex-Dividend Date Scheduled for September …” on September 16, 2016. More interesting news about Gladstone Capital Corporation (NASDAQ:GLAD) were released by: Globenewswire.com and their article: “Gladstone Capital Corporation Appoints Chief Accounting Officer” published on December 09, 2015 as well as Nasdaq.com‘s news article titled: “Gladstone Capital Corporation (GLAD) Ex-Dividend Date Scheduled for August 18 …” with publication date: August 17, 2016.

GLAD Company Profile

Gladstone Capital Corporation, incorporated on May 30, 2001, is an externally managed, closed-end and non-diversified management investment company. The Company’s investment objectives are to achieve and grow current income by investing in debt securities of established businesses that will provide earnings and cash flow to pay expenses, which make principal and interest payments on its indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that the Company can grow over time to permit clients to sell its equity investments for capital gains. The Company’s investment portfolio is approximately 91.2% in debt investments and approximately 8.8% in equity investments. Gladstone Management Corporation is the investment advisor of the Company.

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