MCLEAN, Va., July 12, 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 July, August and September of 2011, payable per the table below.

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

Summary Table for Cash Distributions for Quarter Ending September 30, 2011:

Declaration Ex-Dividend

Date        Date         Record Date  Payment Date Cash Distribution

July 12     July 20      July 22      July 29      $0.07

July 12     August 17    August 19    August 31    $0.07

July 12     September 20 September 22 September 30 $0.07

Total for the Quarter:                             $0.21

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 specialty finance 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