Exhibit 99.1
Gladstone Capital Announces Monthly Cash Distributions for
October, November and December 2023 and Conference Call Date
MCLEAN, VA, October 10, 2023 – Gladstone Capital Corporation (Nasdaq: GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for October, November and December 2023 and also announced its plan to report earnings for its fourth fiscal quarter ended September 30, 2023.
Cash Distributions:
Common Stock: $0.0825 per share of common stock for each of October, November and December 2023, payable per the table below.
| Record Date |
Payment Date | Cash Distribution | ||||
| October 20 |
October 31 | $ | 0.0825 | |||
| November 20 |
November 30 | $ | 0.0825 | |||
| December 18 |
December 29 | $ | 0.0825 | |||
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| Total for the Quarter: |
$ | 0.2475 | ||||
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The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.
Series A Preferred Stock (Unlisted): $0.130208 per share of 6.25% Series A Cumulative Redeemable Preferred Stock for each of October, November and December 2023, payable per the table below:
| Record Date |
Payment Date | Amount | ||||
| October 25 |
November 3 | $ | 0.130208 | |||
| November 28 |
December 5 | 0.130208 | ||||
| December 27 |
January 5 | 0.130208 | ||||
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| Total for the Quarter: |
$ | 0.390624 | ||||
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Earnings Announcement:
The Company also announced today that it plans to report earnings for the fourth fiscal quarter ended September 30, 2023, after the stock market closes on Monday, November 13, 2023. The Company will hold a conference call Tuesday, November 14, 2023 at 8:30 a.m. ET to discuss its earnings results. Please call (866) 424-3437 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available after the call and will be accessible through November 21, 2023. To hear the replay, please dial (877) 660-6853 and use playback conference number 13740895.
The live audio broadcast of the Company’s conference call will be available online at www.gladstonecapital.com. The event will be archived and available for replay on the Company’s website.
If you have questions prior to or following the earnings release you may e-mail them to capital@gladstonecompanies.com.
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities consisting primarily of secured first and second lien term loans to lower middle market businesses in the United States. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or (703) 287-5893.
Source: Gladstone Capital Corporation