Gladstone Capital Corporation is a private equity and a venture capital fund specializing in lower middle market, growth capital, add on acquisitions, debt investments in senior loans, second lien loans, senior subordinated loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants. Glad also makes private equity investments in acquisitions, buyouts and recapitalizations, and refinancing existing debts. It targets small and medium-sized companies in United States. Gladstone invests in companies engaged in the business services, light and specialty manufacturing, niche industrial products and services, specialty consumer products and services, energy services, transportation and logistics, healthcare and education services, specialty chemicals, media and communications and aerospace and defense. The corporation seeks to invest between $7 million and $30 million in companies that have between $20 million and $150 million in sales and EBITDA between $3 million and $25 million and prefers to acquire minority stakes. It seeks to exit its investments through strategic acquisitions by other industry participants or financial buyers, initial public offerings of common stock, or other capital market transactions.
Gladstone Capital Corporation (NASDAQ: GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for April, May and June 2019 and also announced its plan to report earnings for the second fiscal quarter ended March 31, 2019. https://gladstonecapital.com/gladst...-may-and-june-2019-and-conference-call-dates/
Gladstone Capital (GLAD) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2019. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. This real estate investment trust is expected to post quarterly earnings of $0.22 per share in its upcoming report, which represents a year-over-year change of +4.8%. Revenues are expected to be $12.60 million, up 13.6% from the year-ago quarter. https://uk.finance.yahoo.com/news/gladstone-capital-glad-reports-next-143302865.html
Gladstone Commercial Corporation (NASDAQ: GOOD) (“Gladstone Commercial”) today reported financial results for the first quarter ended March 31, 2019 Acquired properties: Purchased two fully-occupied industrial properties for $6.3 million with an aggregate of approximately 60,850 square feet of rental space at a weighted average cap rate of 8.2%; Sold properties: Sold one property as part of our capital recycling strategy for $6.9 million, resulting in a net gain of $3.0 million; Issued new debt: Borrowed $10.6 million in fixed rate mortgage debt at a 4.7% interest rate with a 10 year maturity date; Repaid debt: Partially repaid a mortgage totaling $3.5 million, releasing one of the collateralized properties; Renewed leases: Renewed two leases totaling 130,240 square feet for an additional five years; Renewed shelf registration: Renewed our shelf registration statement to allow us to issue up to $500.0 million of additional equity; Issued stock under ATM program: Issued 700,231 shares of common stock for net proceeds of $14.1 million; and Paid distributions: Paid monthly cash distributions for the quarter totaling $0.375 per share on our common stock, $0.4843749 per share on our Series A Preferred Stock, $0.46875 per share on our Series B Preferred Stock, $0.4374999 per share on our Series D Preferred Stock, and $0.2625 per share on our senior common stock. https://www.gladstonecommercial.com...ts-for-the-first-quarter-ended-march-31-2019/
Gladstone Capital Corporation (NASDAQ: GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for July, August and September 2019 and also announced its plan to report earnings for the third fiscal quarter ended June 30, 2019. Cash Distributions: Common Stock: $0.07 per share of common stock for each of July, August and September 2019, payable per the table below. The Company has paid 189 consecutive monthly cash distributions on its common stock. https://ir.gladstonecapital.com/new...l-announces-monthly-cash-distributions-july-4
Monthly dividend is pretty cool. If you could get in closer to $9, it would be a fairly low risk play as long as you set your stop a little below $9 and stick to it. Had one big dip back when the whole market dipped, but if you had your stop set, you'd have been stopped out in the mid-upper 8's for like a 5% loss. Adding it to my watchlist with an alert at $9.25 to look for an entry close to $9.
This is, or is like, an MLP, right? They give "distributions" of which only a very small part are qualified dividends and the majority is a pre-corporate-tax distribution of earnings ...complicates the tax reporting and not worth all the record keeping unless you go in big. Oh, and if the above is the case, and you think you'll just put it into an IRA or other tax-deferred retirement account....you'd be sorry. It could cost you a ton of aggravation trying to straighten out that mistake. Distributions can be different than dividends. Corporate taxes have been paid on dividends but not on MLP distributions. The partners (you and the other unit holders in an MLP) pay your share of those taxes as personal income tax...and if it is held in an IRA, that's a big if not illegal problem. Just saying, do a little research on the tax consequences before you jump into something like this.
Thanks, I'll just remove it from my watchlist. Was going to try to get in with my 401K. Appreciate the heads up.
Dividends or distributions (American or Canadian ), there is no different way of tax for me as an European, id do have to pay 15% towards America/Canada and then 30% in Belgium.
Gladstone Capital (GLAD) came out with quarterly earnings of $0.21 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post earnings of $0.22 per share when it actually produced earnings of $0.21, delivering a surprise of -4.55%. https://uk.finance.yahoo.com/news/gladstone-capital-glad-meets-q3-232511152.html
MCLEAN, Va., Aug. 05, 2019 (GLOBE NEWSWIRE) — Gladstone Capital Corporation(NASDAQ: GLAD) (the “Company”) today announced earnings for its third fiscal quarter ended June 30, 2019. https://gladstonecapital.com/gladst...lts-for-its-third-quarter-ended-june-30-2019/
Gladstone Capital Corporation[/a] (GLAD) (the “Company”) announced today that its board of directors declared the following monthly cash distributions for October, November and December 2019. Common Stock: $0.07 per share of common stock for each of October, November and December 2019, payable per the table below. The Company has paid 192 consecutive monthly cash distributions on its common stock.">Common Stock: $0.07 per share of common stock for each of October, November and December 2019, payable per the table below. The Company has paid 192 consecutive monthly cash distributions on its common stock. Record Date Payment Date Cash Distribution October 22 October 31 $0.07 November 19 November 29 $0.07 December 19 December 31 $0.07 Total for the Quarter: $0.21 https://finance.yahoo.com/news/gladstone-capital-announces-monthly-cash-200500225.html
Gladstone Capital Corporation (GLAD) (“Gladstone Capital”) announced that it has completed a debt investment in support of Karp Reilly’s investment in Café Zupas. Headquartered in Salt Lake City, Utah, Café Zupas is a healthy fast casual restaurant brand with 58 company-owned stores across eight states in the Western and Midwestern United States. The business is a next generation kitchen that serves simple house-made soups, salads and sandwiches from over 200 fresh ingredients with the mission to “Nourish the Good Life” of its everyday healthy guests. “Café Zupas’ management team has shown to be meticulous and thorough, while at the same time creative and innovative, exhibiting their ability to successfully compete in the quickly-growing healthy fast casual restaurant space,” said Laura Gladstone, Managing Director of Gladstone Capital. “We encourage everyone to stop by one of their locations to see for themselves what makes the Café Zupas team one of the best in the industry.” https://finance.yahoo.com/news/gladstone-capital-corporation-invests-caf-133010186.html
