SmarterDividends
GLAD

Gladstone Capital (GLAD) Dividend

Gladstone Capital Corporation · Financial Services · Asset Management · monthly payer

$19.38

Fairly valued · +12% Add to Portfolio

As of Nov 8, 2026, Gladstone Capital (GLAD) pays a monthly dividend of $0.15 per share, or $1.80 a year, a 9.29% yield at its $19.38 share price. The next ex-dividend date is Nov 19, 2026, paid Nov 30, 2026. It has a dividend safety grade of D.

Forward Yield

9.29%

Annual Dividend

$1.80

Payout Ratio

87%

5-Yr Growth

3.4%

Ex-Date

Nov 19, 2026

Frequency

Monthly

Key facts about GLAD's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Gladstone Capital Corporation (GLAD) has a forward dividend yield of 9.29%, based on an annual dividend of $1.80 per share and a share price of $19.38.
  • As of Nov 8, 2026, GLAD's dividend safety grade from SmarterDividends is D (47 out of 100), which rates the dividend as unsafe.
  • GLAD last cut its regular dividend in 2023.
  • GLAD's next ex-dividend date is Nov 19, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Nov 8, 2026, GLAD pays out 87% of its trailing 12-month earnings as dividends (its payout ratio).
  • GLAD's dividend has grown at an average rate of 3.4% a year over the past five years.
  • As of Nov 8, 2026, SmarterDividends' blended fair-value estimate for GLAD is $21.69 per share, 12% above the $19.38 share price, so GLAD screens as fairly valued.
  • Gladstone Capital Corporation (GLAD) pays its dividend monthly, 12 times a year.
  • Gladstone Capital Corporation (GLAD) has raised its regular dividend 15 times and cut it 4 times across the 286 payments on record since 2002. Its most recent change was a 50.0% increase to $0.150 per share, going ex-dividend on Oct 24, 2025. The last cut went ex-dividend on Sep 23, 2025.
Cite this page

SmarterDividends, "GLAD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 8, 2026, https://smarterdividends.com/stocks/GLAD

Is GLAD a good dividend stock?

Mixed

Gladstone Capital Corporation (GLAD) pays a monthly dividend yielding 9.29% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2023
    • Elevated payout ratio (87%)
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    9.29%
    Payout Ratio
    87%
    Annual Dividend
    $1.80
    5-Yr Avg Growth
    3.4%
    Ex-Dividend Date
    Nov 19, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    0.94
    Market Cap
    $437.9M
    P/E Ratio
    9.1
    5-Yr Total Return
    -17%
    52-Week Range
    $16.54 – $21.73
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2023)

    GLAD dividend raises and cuts

    Gladstone Capital Corporation (GLAD) has raised its regular dividend 15 times and cut it 4 times across the 286 payments on record since 2002. Its most recent change was a 50.0% increase to $0.150 per share, going ex-dividend on Oct 24, 2025. The last cut went ex-dividend on Sep 23, 2025.

    Ex-dateChangeOld → newMove
    Oct 24, 2025Raise$0.100 → $0.150+50.0%
    Sep 23, 2025Cut$0.165 → $0.100−39.4%
    Jul 20, 2023Raise$0.160 → $0.166+3.8%
    Apr 20, 2023Raise$0.150 → $0.160+6.7%
    Jan 19, 2023Raise$0.140 → $0.150+7.1%
    Oct 20, 2022Raise$0.136 → $0.140+2.9%
    Apr 21, 2022Raise$0.130 → $0.136+4.6%
    Apr 23, 2020Cut$0.140 → $0.130−7.1%
    Apr 23, 2009Cut$0.280 → $0.140−50.0%
    Jul 19, 2006Raise$0.270 → $0.280+3.7%
    Jul 19, 2005Raise$0.260 → $0.270+3.8%
    Apr 13, 2005Raise$0.240 → $0.260+8.3%
    Show all 19 changes since 2002
    Ex-dateChangeOld → newMove
    Jul 15, 2004Raise$0.230 → $0.240+4.3%
    Apr 15, 2004Raise$0.220 → $0.230+4.5%
    Oct 16, 2003Cut$0.660 → $0.220−66.7%
    Sep 26, 2003Raise$0.580 → $0.660+13.8%
    Jun 26, 2003Raise$0.500 → $0.580+16.0%
    Mar 27, 2003Raise$0.460 → $0.500+8.7%
    Dec 27, 2002Raise$0.420 → $0.460+9.5%
    Every GLAD payment →Download every raise and cut (CSV)
    GLAD ex-dividend date & scheduleNext ex-date Nov 19, 2026 · full ex-dividend historyView →GLAD dividend historyEvery payment, totals by year, raises and cutsView →GLAD dividend calculator100 shares pay $180.00 a year, $15.00 each monthCalculate →GLAD total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is GLAD a good dividend stock?

    Mixed. Gladstone Capital Corporation (GLAD) pays a monthly dividend yielding 9.29% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is GLAD undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GLAD's fair value is about $21.69 versus a $19.38 share price — so it looks fairly valued (+12% vs. fair value).

    Is GLAD's dividend safe?

    GLAD has a dividend-safety grade of D (47/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is GLAD's fair value?

    Our blended fair-value estimate for GLAD is about $21.69 per share, roughly 12% above the current $19.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is GLAD a buy, hold, or sell?

    We don't issue formal ratings, but on the data GLAD screens as "mixed" and fairly valued. Gladstone Capital Corporation (GLAD) pays a monthly dividend yielding 9.29% ($1.80/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will GLAD cut its dividend?

    GLAD earns a dividend-safety grade of D (47/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does GLAD pay a dividend?

    Yes. Gladstone Capital Corporation pays a monthly dividend of about $1.80 per share annually, a forward yield of roughly 9.29%.

    How much dividend does 100 shares of GLAD pay?

    At $1.80 per share a year, 100 shares of GLAD pay $180.00 a year in dividends before tax, about $15.00 each month. Buying them costs about $1,938 at the Nov 8, 2026 price.

    What is GLAD's dividend yield?

    As of Nov 8, 2026, GLAD's forward dividend yield is 9.29%, based on a $1.80 annual dividend and a $19.38 share price.

    What is GLAD's dividend per share?

    As of Nov 8, 2026, GLAD pays $1.80 per share per year, distributed on a monthly basis.

    What is GLAD's dividend payout ratio?

    As of Nov 8, 2026, GLAD's payout ratio is 87% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has GLAD grown its dividend?

    GLAD does not currently have a long dividend-growth streak on record.

    When is the next GLAD ex-dividend date?

    As of Nov 8, 2026, the next ex-dividend date on record for GLAD is Nov 19, 2026.

    Income Calculator

    At $1.80 / yr per share

    Per payment (monthly)$15.00
    Annual$180.00
    Monthly avg$15.00
    Full GLAD dividend calculator →

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