SmarterDividends
GLAD

Gladstone Capital Corporation

GLAD

Financial Services · Stock · monthly payer

Forward Yield

9.43%

Annual Dividend

$1.85

Payout Ratio

101%

5-Yr Growth

4.9%

Ex-Date

Jun 23, 2026

Frequency

Monthly

GLAD Dividend Safety Score

47/ 100
Grade D

Risky

Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage101% of earnings paid out
Free-cash-flow coverage120% of free cash flow
Balance-sheet strengthDebt/equity of 0.76
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is GLAD a good dividend stock?

Mixed

Gladstone Capital Corporation (GLAD) pays a monthly dividend yielding 9.43% ($1.85/yr), with 5 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 (101%)
    • 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
    9.43%
    Payout Ratio
    101%
    Annual Dividend
    $1.85
    5-Yr Avg Growth
    4.9%
    Ex-Dividend Date
    Jun 23, 2026
    Years of Growth
    5
    Frequency
    monthly
    Beta
    0.92
    Market Cap
    $441.7M
    P/E Ratio
    10.5
    5-Yr Total Return
    -16%
    52-Week Range
    $16.54 – $29.50
    Dividend Safety
    D · 47/100
    Ever Cut?
    Yes (2023)
    GLAD ex-dividend date & scheduleNext ex-date Jun 23, 2026 · full ex-dividend historyView →

    Frequently Asked Questions

    Income Calculator

    At $1.85 / yr per share

    Per payment (monthly)$15.42
    Annual$185.00
    Monthly avg$15.42