Gladstone Cap's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gladstone Cap (NASDAQ:GLAD) has announced a monthly dividend of 8.25 cents per share. The ex-dividend date is Thursday, meaning the stock will likely open 8.25 cents lower to reflect the payout. Shareholders who own GLAD as of the end of Wednesday's session are eligible to receive the dividend, which will be paid out on July 31, 2023.
July 17, 2023 | 2:46 pm
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Gladstone Cap's stock is likely to open lower on the ex-dividend date due to the announced dividend of 8.25 cents per share.
The announcement of a dividend often leads to a decrease in the stock price on the ex-dividend date, as the stock price is adjusted to reflect the payout. In this case, Gladstone Cap's stock is expected to open 8.25 cents lower on the ex-dividend date.
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