Gladstone Capital Corp 7.125% Term Preferred Stock 2016 Monthly Pay

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S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   GLADP


Market Traded ON   NASDAQ

Dividend Payment Paid on the last day of the month beginning on 12/30/2011

Monthly Dividend   .148   Annual Dividend   1.781

Securities may be redeemed, at the issuers option, as early as 12/31/2012  the call price is $25 plus accrued dividends plus a 1% premium, reduced to 1/2% premium on 12/31/2013 and no premium after that date.

Dividend Payment Will NOT BE Qualified Distributions.  Preferred stock dividends of business development companies (BDC’s) are not eligible for the qualified tax rate.  Because the BDC generally pays no federal taxes (if they follow the rules) there is no incremental tax break for the individual holders.

Maturity Date   12/31/2016


Company Investor Relations Page for Gladstone Capital Corp

Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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