tiprankstipranks
Gladstone Capital Announces Supplemental Cash Distribution
Company Announcements

Gladstone Capital Announces Supplemental Cash Distribution

Pick the best stocks and maximize your portfolio:

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.

Related Articles
TipRanks Auto-Generated NewsdeskGladstone Capital Announces Leadership Transition and Strategy Shift
TipRanks Auto-Generated NewsdeskGladstone Capital Reports Strong Fiscal Year Results
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App