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Gladstone Capital (GLAD)

- NASDAQ
  • Wed, Jul. 29, 5:03 PM
    • Q2 net investment income of $4.836M or $0.23 per share vs. $3.693M and $0.18 in Q1. Quarterly dividend is $0.21. Net increase in net assets from operations of $3.3M vs. $9.5M. Weighted average yield on investments of 11.2% up 10 basis points.
    • Net asset value per share of $9.49 vs. $9.55 in Q1. Today's close was $7.86.
    • Total investments at fair value of $347.2M, with fair value at 86.6% of cost. In Q1, total investments at fair value of $363.6M, with fair value at 87.3% of cost. Number of portfolio companies of 46 down from 50.
    • Earnings call tomorrow at 8:30 ET
    • Previously: Gladstone Capital beats by $0.03, misses on total investment income (July 29)
    • GLAD flat after hours
    | Comment!
  • Wed, Jul. 29, 4:50 PM
    • Gladstone Capital (NASDAQ:GLAD): Q2 NII of $0.23 beats by $0.03.
    • Total investment income of $9.93M (-2.5% Y/Y) misses by $0.16M.
    • Press Release
    | Comment!
  • Wed, Jul. 29, 8:58 AM
    • StrataTech is the parent company of Tulsa Welding School and The Refrigeration School, with campuses in Tulsa, Jacksonville, Houston, and Phoenix.
    • GLAD closed a secured first lien debt investment on July 24.
    • Source: Press Release
    | Comment!
  • Tue, Jul. 14, 4:55 PM
    • Gladstone Capital (NASDAQ:GLAD) declares $0.07/share monthly dividend, in line with previous.
    • Forward yield 10.32%
    • Payable Aug. 4; for shareholders of record July 24; ex-div July 22.
    • Payable Aug. 31; for shareholders of record Aug. 20; ex-div Aug. 18.
    • Payable Sept. 30; for shareholders of record Sept. 21; ex-div Sept. 17.
    | Comment!
  • Mon, Jul. 13, 4:38 PM
    • Gladstone's (NASDAQ:GLAD) $7.2M debt and equity investment will be used to support the acquisition of Mikawaya by Century Park Capital Partners.
    • Headquartered in Vernon, CA, Mikawaya is a 105-year old producer of Japanese pastries and specialty frozen deserts.
    • Source: Press Release
    | 4 Comments
  • Tue, Jun. 23, 9:16 PM
    • Gladstone Capital's (NASDAQ:GLAD) new credit limit is $170M, up from $140M previously. The credit agreement with KeyBank from May 1 allows for an expansion up to $250M. Today's announced boost came from the addition of three new lenders.
    • Source: Press Release
    | 1 Comment
  • Wed, May 6, 5:02 PM
    • Gladstone Capital (NASDAQ:GLAD): Q1 NII of $0.18 misses by $0.02.
    • Total investment income of $9.22M (-1.2% Y/Y) misses by $0.34M.
    • Press Release
    | Comment!
  • Tue, Feb. 17, 8:38 AM
    • "United Flexible is a global leader in the design, development, manufacture and support of performance critical flexible engineered solutions for the transfer of fluids and gases in extreme environments," says Gladstone (NASDAQ:GLAD).
    • Gladstone's $25.5M or senior debt and equity is in support of Arlington Capital Partners' investment in United.
    • Source: Press Release
    | 1 Comment
  • Mon, Feb. 2, 4:57 PM
    • FQ1 net investment income of $3.691M or $0.18 per share vs. $4.410M and $0.21 the previous quarter. Quarterly payout is $0.21 per share.
    • Net increase in net assets resulting from operations of $331K vs. $23.004M a quarter earlier.
    • Weighted-average yield on investments of 11.5% down 10 basis points.
    • Net asset value of $9.31 per share down from $9.51. Today's close of $7.54 is a 19% discount to NAV.
    • Conference call tomorrow at 8:30 ET
    • GLAD flat after hours
    | 3 Comments
  • Mon, Feb. 2, 4:20 PM
    • Gladstone Capital (NASDAQ:GLAD): FQ1 NII of $0.18 misses by $0.03.
    • Revenue of $8.72M (+3.9% Y/Y) beats by $0.06M.
    • Press Release
    | Comment!
  • Tue, Jan. 13, 4:48 PM
    • Gladstone Capital (NASDAQ:GLAD) declares $0.07/share monthly dividend, in line with previous.
    • Forward yield 10.16%
    • Payable Feb 3; for shareholders of record Jan 23; ex-div Jan 21.
    • Payable Feb 27; for shareholders of record Feb 18; ex-div Feb 13.
    • Payable Mar 31; for shareholders of record Mar 20; ex-div Mar 18.
    | Comment!
  • Fri, Jan. 9, 10:18 AM
    • Vision is a provider of land parcel management software technology and appraisal services to local governments. Gladstone (NASDAQ:GLAD) last month funded a credit line and senior term loan facility enabling for the refinancing of certain debt and future growth needs of the company.
    • Source: Press Release
    | Comment!
  • Dec. 22, 2014, 8:52 AM
    • Gladstone investment (NASDAQ:GAIN) made a $19.6M investment alongside B+T Group's management to recapitalize B+T Group. Affiliate Gladstone Capital (NASDAQ:GLAD) also invested $8.4M in the deal.
    • Headquartered in Tulsa and founded in 2000, B+T is a full-service provider of structural engineering, construction, and technical services to the wireless tower industry for tower upgrades and modifications.
    • Source: Press Release
    | Comment!
  • Dec. 11, 2014, 2:47 PM
    • President Robert Macrcotte purchased 13,700 shares at $8.70 each yesterday, boosting his stake in Gladstone Capital (GLAD -0.7%) to 109K shares.
    | Comment!
  • Dec. 8, 2014, 11:30 AM
    • A bellwether of sorts in the BDC sector, Prospect Capital (PSEC -6.2%) earlier announced a big dividend cut, and the suspension of its stock issuance program so long as the share price is so far south of book value.
    • Prospect has some of its own issues to deal with, but common across the sector is too much money chasing too few deals, and the resultant lower yields for lower quality lending.
    • Fifth Street Capital (FSC -2.9%), Triangle Capital (TCAP -6.1%), TICC Capital (TICC -2.2%), KCAP Financial (KCAP -1.7%), Medley Capital (MCC -2.3%) Gladstone (GLAD -3.6%), OHA Investment (OHAI -5%), Blackrock Kelso (BKCC -1.1%), Main Street Capital (MAIN -0.2%), PennantPark (PNNT -1.3%).
    • ETFs: BDCL, BDCS, BIZD
    • Previously: Prospect Capital suspends ATM stock issuance program as dividend is cut (Dec. 8, 2014)
    | 47 Comments
  • Nov. 13, 2014, 8:07 AM
    • Q3 net investment income of $4.41M or $0.21 per share vs. $5.063M and $0.24 in Q2. Dividend is $0.21.
    • Net increase in net assets from operations of $23.004M vs. a decrease of $20.175M in Q2.
    • Net asset value per share of $9.51 down $0.30 from a year ago.
    • Total investments at fair value of $281.286M up 9.5% Y/Y. Number of portfolio companies of 45 down two from a year ago. Weighted average yield on interest-bearing investments of 11.6% up 10 basis points from Q2, flat from a year ago.
    • Conference call at 8:30 ET
    • Previously: Gladstone Capital reports FQ4 results
    • GLAD flat premarket
    | Comment!
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Company Description
Gladstone Capital Corp is an externally managed closed-end management investment company.
Sector: Financial
Country: United States