MCLEAN, Va., Oct. 11, 2011 /PRNewswire/ -- Gladstone Capital Corporation (Nasdaq: GLAD) (the "Company") announced today that its board of directors declared monthly cash distributions of $0.07 per share of common stock for each of the months October, November and December of 2011, payable per the table below. These are the 97th, 98th and 99th consecutive monthly cash distributions on the common stock. Before paying monthly distributions, the Company paid eight consecutive quarterly cash distributions. For over ten years the Company has paid distributions to its stockholders.

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Summary Table for Cash Distributions for Quarter Ending December 31, 2011:

If applicable, in accordance with section 855(a) of the Internal Revenue Code, the Company elects to treat a portion of the distributions to be paid in October 2011 as having been paid during the fiscal tax year ended September 30, 2011.

The Company offers a dividend reinvestment plan (the "DRIP") to its 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. 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.

SOURCE Gladstone Capital Corporation