Gladstone Capital Announces Supplemental Cash Distribution

Gladstone Capital ( (GLAD) ) just unveiled an announcement.

Gladstone Capital Corporation has declared a supplemental cash distribution of $0.40 per share for common stockholders, to be paid in December 2024. This move follows the profitable sale of its equity interest in Antenna Research Associates, Inc. The company aims to reward shareholders from the gains of this successful investment exit. Gladstone Capital, a publicly traded company, focuses on investing in debt and equity securities for lower middle market businesses in the U.S.

Learn more about GLAD stock on TipRanks’ Stock Analysis page.