Gladstone Cap's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gladstone Capital Corporation (NASDAQ:GLAD) has announced that shareholders as of Friday's session will be eligible for a monthly dividend payout of 8.25 cents per share. The ex-dividend date is Monday, and the stock is expected to open 8.25 cents lower to reflect the dividend payout. The dividend will be paid on January 31, 2024.
January 17, 2024 | 2:45 pm
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Gladstone Capital Corporation will pay a monthly dividend of 8.25 cents per share, with the ex-dividend date set for Monday. The stock is expected to open lower by the dividend amount.
The stock price of GLAD is likely to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is factored into the price by market participants.
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