Exhibit No. 99.1 |
Gladstone Capital Announces Monthly Cash Distributions for
October, November and December 2020 and Fiscal Year End Earnings Release and Conference Call Dates
MCLEAN, VA, October 13, 2020 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 2020. The Company also announced its plan to report earnings for its fiscal year ended September 30, 2020.
Common Stock: $0.065 per share of common stock for each of October, November and December 2020, payable per the table below.
Record Date |
Payment Date | Cash Distribution | ||||
October 23 |
October 30 | $ | 0.065 | |||
November 20 |
November 30 | $ | 0.065 | |||
December 23 |
December 31 | $ | 0.065 | |||
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Total for the Quarter: |
$ | 0.195 | ||||
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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.
The Company also announced today that it plans to report earnings for its fiscal year ended September 30, 2020, after the stock market closes on Tuesday, November 10, 2020. The Company will hold a conference call on Wednesday, November 11, 2020 at 8:30 a.m. EST to discuss its earnings results. Please call (866) 424-3437 and enter conference number 13711021 to enter the conference call. An operator will monitor the call and set a queue for questions.
A conference call replay will be available beginning one hour after the call and will be accessible through November 18, 2020. To hear the replay, please dial (877) 660-6853 and use playback conference number 13711021.
The live audio broadcast of the Companys conference call will be available online at www.gladstoneinvestment.com. The event will also be archived and available for replay on the Companys website.
About Gladstone Capital Corporation: 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.
Source: Gladstone Capital Corporation
Investor Relations Inquiries: Please visit www.gladstonecompanies.com or +1-703-287-5893.