Dividend Watching: Gladstone Capital Corporation (NASDAQ:GLAD) will be paying shareholders dividends of $0.07 on Nov 30, 2016.

Dividend Watching: Gladstone Capital Corporation (NASDAQ:GLAD) will be paying shareholders dividends of $0.07 on Nov 30, 2016.

Gladstone Capital Corporation (NASDAQ:GLAD) is expected to pay $0.07 on Nov 30, 2016. The indicated annual dividend is $0.84. Shareholders owning the stock before Nov 15, 2016 will be eligible to receive the payout. Based on Gladstone Capital Corporation’s current price of $8.02, the dividend is 0.87%. This dividend’s record date is Nov 17, 2016 and the announcement date is Oct 12, 2016. The stock increased 1.13% or $0.09 on November 11, hitting $8.02. Gladstone Capital Corporation (NASDAQ:GLAD) has risen 10.32% since April 12, 2016 and is uptrending. It has outperformed by 5.33% 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 $189.35 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 Q2 2016. Its up 0.29, from 0.63 in 2016Q1. The ratio is positive, 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.
Wells Fargo & Mn holds 5,878 shares or 0% of its portfolio. Bard Assocs holds 28,850 shares or 0.11% of its portfolio. Royal Financial Bank Of Canada owns 23,412 shares or 0% of their US portfolio. Van Eck Assoc owns 108,111 shares or 0% of their US portfolio. California Pub Employees Retirement Sys owns 37,300 shares or 0% of their US portfolio. Sequoia Advsrs Ltd Liability Co, a Ohio-based fund reported 13,557 shares. Boston Partners accumulated 74,668 shares or 0% of the stock. Sigma Planning has 0.03% invested in the company for 29,223 shares. Moreover, Deutsche Bancorp Ag has 0% invested in Gladstone Capital Corporation (NASDAQ:GLAD) for 21,077 shares. Moreover, Fifth Third Comml Bank has 0% invested in Gladstone Capital Corporation (NASDAQ:GLAD) for 3,500 shares. Winslow Evans Crocker holds 3,850 shares or 0% of its portfolio. Morgan Stanley last reported 0% of its portfolio in the stock. Northern last reported 0% of its portfolio in the stock. Atlantic Gru Limited Liability Co has invested 0% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD). Davenport Co Ltd holds 0% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD) for 43,125 shares.

More notable recent Gladstone Capital Corporation (NASDAQ:GLAD) news were published by: Globenewswire.com which released: “Gladstone Capital Corporation Invests in eCommerce Business” on July 29, 2016, also Globenewswire.com with their article: “Gladstone Capital Corporation Appoints Chief Accounting Officer” published on December 09, 2015, Nasdaq.com published: “Gladstone Capital Corporation Invests in Merlin International” on August 09, 2016. More interesting news about Gladstone Capital Corporation (NASDAQ:GLAD) were released by: Globenewswire.com and their article: “Gladstone Capital Corporation Invests in Trampoline Park Operator” published on September 22, 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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