Jul 31, 2017 is the day that Gladstone Capital Corporation (NASDAQ:GLAD) shareholders will see dividends of $0.07?

July 18, 2017 - By Marie Mckinney

 Jul 31, 2017 is the day that Gladstone Capital Corporation (NASDAQ:GLAD) shareholders will see dividends of $0.07?
Investors sentiment increased to 1.59 in 2016 Q4. Its up 0.54, from 1.05 in 2016Q3. It is positive, as 5 investors sold Gladstone Capital Corporation shares while 12 reduced holdings. 11 funds opened positions while 16 raised stakes. 3.00 million shares or 85.27% more from 1.62 million shares in 2016Q3 were reported.
Jpmorgan Chase & Co holds 0% in Gladstone Capital Corporation (NASDAQ:GLAD) or 81,452 shares. Manufacturers Life The reported 697 shares or 0% of all its holdings. Sigma Planning Corporation stated it has 0.03% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD). Sequoia Fin Advisors Lc holds 0.02% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD) for 12,399 shares. Invesco Limited invested in 767,363 shares or 0% of the stock. Airain Limited holds 15,312 shares or 0.01% of its portfolio. 9,988 were reported by Citigroup. Van Eck Associates Corporation reported 0.01% in Gladstone Capital Corporation (NASDAQ:GLAD). Raymond James & Associates holds 0% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD) for 117,305 shares. Koshinski Asset invested in 21,871 shares or 0% of the stock. 27,350 were accumulated by Bard Associates. American Research And Mngmt holds 400 shares or 0% of its portfolio. Susquehanna Intl Gp Ltd Liability Partnership reported 13,600 shares. Kcg Holdg holds 55,593 shares. Morgan Stanley reported 0% of its portfolio in Gladstone Capital Corporation (NASDAQ:GLAD).

Gladstone Capital Corporation (NASDAQ:GLAD) is expected to pay $0.07 on Jul 31, 2017. The indicated annual dividend is $0.84. Shareholders owning the stock before Jul 19, 2017 will be eligible to receive the payout. Based on Gladstone Capital Corporation’s current price of $9.87, the dividend is 0.71 %. This dividend’s record date is Jul 21, 2017 and the announcement date is Jul 12, 2017. It closed at $9.87 lastly. It is down 40.20% since July 18, 2016 and is uptrending. It has outperformed by 23.50% the S&P500.

Gladstone Capital Corporation is a closed-end, non-diversified management investment company, operating as a business development firm . The company has market cap of $252.63 million. The objectives of the Company are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding 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 believes can grow over time to permit it to sell its equity investments for capital gains. It has a 7.36 P/E ratio. The Firm is focused on investing in lower middle-market companies in the United States.

Gladstone Capital Corporation (NASDAQ:GLAD) Ratings Coverage

Among 2 analysts covering Gladstone Capital (NASDAQ:GLAD), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Gladstone Capital had 3 analyst reports since August 24, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, May 5 by Hilliard Lyons. On Tuesday, September 1 the stock rating was downgraded by Cantor Fitzgerald to “Hold”. Vetr downgraded Gladstone Capital Corporation (NASDAQ:GLAD) rating on Monday, August 24. Vetr has “Buy” rating and $8.75 target.

More recent Gladstone Capital Corporation (NASDAQ:GLAD) news were published by: Nasdaq.com which released: “Gladstone Capital Corporation (GLAD) Ex-Dividend Date Scheduled for May 17, 2017” on May 16, 2017. Also Seekingalpha.com published the news titled: “Gladstone Capital Corporation: 8.4% Dividend Yield, Monthly Dividends, And …” on June 15, 2017. Nasdaq.com‘s news article titled: “Gladstone Capital Announces Monthly Cash Distributions for July, August and …” with publication date: July 11, 2017 was also an interesting one.

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