Gladstone Capital Corporation Announces Common and Term Preferred Stock Monthly Cash Distributions for July, August and September 2012

MCLEAN, Va., July 10, 2012 /PRNewswire/ -- Gladstone Capital Corporation (NASDAQ: GLAD) (the "Company") announced today that its board of directors declared the following monthly cash distributions:

$0.07 per common share for each of July, August and September 2012, payable per Table 1 below. The Company has paid 105 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid eight consecutive quarterly cash distributions.

Table 1: Summary table for common stock cash distributions for the quarter ending September 30, 2012:

 Declaration

Date

Ex-Dividend

Date

Record Date

Payment Date

Cash Distribution

July 10

July 18

July 20

July 31

$0.07

July 10

August 20

August 22

August 31

$0.07

July 10

September 17

September 19

September 28

$0.07

Total for the Quarter:

$0.21

$0.1484375 per share of the Company's 7.125% Series 2016 Term Preferred Stock ("Term Preferred Stock") for each of July, August and September 2012, payable per Table 2 below. The Term Preferred Stock trades on the NASDAQ under the symbol "GLADP."

Table 2: Summary table for Term Preferred Stock cash distributions for the quarter ending September 30, 2012:

 Declaration

Date

Ex-Dividend

Date

Record Date

Payment Date

Cash Distribution

July 10

July 18

July 20

July 31

$0.1484375

July 10

August 20

August 22

August 31

$0.1484375

July 10

September 17

September 19

September 28

$0.1484375

Total for the Quarter:

$ 0.4453125

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.gladstonecapital.com.

Gladstone Capital Corporation is a publicly traded business development company that invests in debt securities consisting primarily of senior term loans, second term lien loans, and senior subordinate term loans in small and medium-sized businesses in the United States. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.       

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

(Logo: https://photos.prnewswire.com/prnh/20101005/GLADSTONECAPITAL )

SOURCE Gladstone Capital Corporation