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Recent Updates — GLAD

August 4, 2026View Source ↗

Gladstone Capital Corporation reported financial results for its third fiscal quarter ended June 30, 2026. Net investment income was $11.0 million ($0.49 per share), a 7.0% decrease from the prior quarter, driven by lower other income and higher interest expenses offset by increased net interest income. The company closed on a $60.0 million issuance of 7% notes due December 2029, expanding its bank line availability to over $170 million. Net asset value per share rose 0.7% to $21.50. In July 2026, the Board declared three monthly common stock distributions of $0.15 each and preferred distributions of $0.130208 each for the quarter ending September 30, 2026. The company is a publicly-traded business development company that invests in debt and equity securities primarily consisting of secured first and second lien term loans to lower middle market businesses.