Gladstone Capital Declares $0.165 Monthly Distributions, Reports 8.6% Yield and 116% Coverage

GLADGLAD

Gladstone Capital declared monthly cash distributions of $0.165 per share for January, February and March 2026. Its 8.6% dividend yield is covered 116% by net investment income, while the stock trades just below net asset value and holds a 90% senior secured debt portfolio.

1. Board Declares Quarterly Cash Distributions

Gladstone Capital Corporation announced that its board of directors has approved monthly cash distributions of $0.165 per share of common stock for each of January, February and March 2026. These payments reflect the company’s commitment to delivering reliable income to shareholders and will be paid on the standard schedule. The announcement coincides with the company’s plan to report earnings for its first fiscal quarter ended December 31, 2025, with a conference call scheduled shortly after the earnings release to discuss financial results and portfolio performance in greater detail.

2. High Yield Position Supported by Strong Credit Quality

Gladstone Capital offers an attractive yield of 8.6%, trading just below net asset value and at the lower end of its five-year valuation range. The company’s portfolio is composed of 90% senior secured debt, providing increased defensiveness, and 81% sponsor-backed loans, which bolster overall credit quality. In the most recent quarter, net investment income covered the dividend at a ratio of 116%, while net asset value per share increased sequentially, underscoring the sustainability of distributions and the potential for further NAV accretion.

Sources

SA