Gladstone Capital Corporation’s board of directors has approved cash distributions of $0.165 per share of common stock for each of January, February and March 2026. These monthly payouts will be paid on the customary dates to stockholders of record and represent the continuation of the company’s uninterrupted monthly dividend track record. At the declared rate, the quarterlyized payout equates to a 6.6% annualized return based on the most recent published net asset value per share.

The company plans to report its first fiscal quarter results for the period ended December 31, 2025, in late February 2026. Management has scheduled a conference call for the same week to discuss portfolio performance, credit metrics and capital deployment strategies. During the call, executives are expected to provide updated guidance on leverage ratios, non-accrual positions and investment pacing for the balance of the fiscal year.

Gladstone Capital’s portfolio remains conservatively positioned, with approximately 90% of its assets invested in senior secured debt and 81% in sponsor-backed loans. As of December 31, net investment income covered the quarterly dividend by a 116% ratio, underscoring the payouts’ sustainability. The company’s common shares are trading slightly below the most recent NAV per share and sit near the low end of their five-year valuation range, offering an 8.6% dividend yield. Sequentially, NAV per share increased driven by fee income and marked-to-market appreciation on select floating-rate positions.