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Gladstone Capital Set for Ex-Dividend Date on February 19, 2025

Gladstone Capital Corporation will trade ex-dividend for its monthly payment of $0.165 on February 19, 2025. This is expected to result in a slight decrease in stock price, as dividends can influence trading behavior.

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AI Rating:   6

Dividend Information: Gladstone Capital Corporation (GLAD) is set to distribute a monthly dividend of $0.165, which translates to approximately 0.56% of the recent stock price of $29.22. Following the ex-dividend date on February 19, 2025, shares are expected to open lower by the dividend amount, which is typical in such situations.

Annual Yield: The current estimated annualized yield is pegged at 6.78%, which appears reasonable based on historical data and the ongoing dividend payment history of GLAD. This yield can be an attractive feature for income-focused investors looking for dividend-paying stocks.

Stock Performance: An analysis of GLAD's share price shows a 52-week low of $19.20 and a high of $30.43, indicating volatility. The last traded price is $29.32, demonstrating that shares are performing closer to the upper range of their 52-week performance. Currently, shares are up about 2.9% for the day, which can indicate positive investor sentiment leading up to the ex-dividend date.