GLAD - （Gladstone Capital Corporation）

Business development company Gladstone Capital (GLAD) said on Thursday that it is set to launch an up to $150M preferred stock offering.

MCLEAN, VA / ACCESSWIRE / May 31, 2023 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") for a continuous public offering of up to 6,000,000 shares (the "Offering") of its newly-designated 6.25% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") at an offering price of $25.00 per share. The Company expects to receive up to $150.0 million in gross proceeds and approximately $131.25 million in net proceeds, after payment of dealer manager fees and selling commissions and estimated expenses of the offering payable by the Company, assuming all shares of the Series A Preferred Stock are sold in the Offering. Gladstone Securities, LLC, an affiliate of the Company ("Gladstone Securities"), will serve as the Company''s exclusive dealer manager in connection with the Offering. The Series A Preferred Stock is being offered by Gladstone Securities on a "reasonable best efforts" basis pursuant to a Dealer Manager Agreement, dated as of May 31, 2023, entered into between the Company and Gladstone Securities.

In general, low-priced stocks tend to face significant business headwinds, which exert pressure on the stock prices. Therefore, investors should pay special attention to the fundamentals of these stocks before purchasing them. On the other hand, some of these stocks may have been punished unjustly due to temporary headwinds. As a result, they may be offering high return potential. In this article, we will discuss the prospects of three high-yield stocks that are trading under $10 and offering yields above 5%. Whitestone REIT (WSR) Source: Vitalii Vodolazskyi / Shutterstock Whitestone REIT (NYSE: WSR ) is a commercial real estate investment trust (REIT) that acquires, owns, manages, develops and redevelops properties it believes to be e-commerce resistant in metropolitan areas with high rates of population growth. The trust currently owns 57 properties with approximately 5.1 million square feet of gross leasable area. The properties of Whitestone are located primarily in Phoenix and Houston, with smaller allocations to other major cities in Texas.

Gladstone Capital (NASDAQ:NASDAQ:GLAD) Q2 2023 Results Conference Call May 3, 2023 8:30 AM ETCompany ParticipantsDavid Gladstone - Chief Executive OfficerMichael LiCalsi - General…

Gladstone Capital (NASDAQ:GLAD) declares $0.08/share monthly dividend, 6.7% increase from prior dividend of $0.075.Forward yield 10.19%Payable April 28; for shareholders of record April 21;…

Business development company Gladstone Capital (GLAD) said on Thursday that it is set to launch an up to $150M preferred stock offering.

MCLEAN, VA / ACCESSWIRE / May 31, 2023 / Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") today announced that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission ("SEC") for a continuous public offering of up to 6,000,000 shares (the "Offering") of its newly-designated 6.25% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") at an offering price of $25.00 per share. The Company expects to receive up to $150.0 million in gross proceeds and approximately $131.25 million in net proceeds, after payment of dealer manager fees and selling commissions and estimated expenses of the offering payable by the Company, assuming all shares of the Series A Preferred Stock are sold in the Offering. Gladstone Securities, LLC, an affiliate of the Company ("Gladstone Securities"), will serve as the Company''s exclusive dealer manager in connection with the Offering. The Series A Preferred Stock is being offered by Gladstone Securities on a "reasonable best efforts" basis pursuant to a Dealer Manager Agreement, dated as of May 31, 2023, entered into between the Company and Gladstone Securities.

In general, low-priced stocks tend to face significant business headwinds, which exert pressure on the stock prices. Therefore, investors should pay special attention to the fundamentals of these stocks before purchasing them. On the other hand, some of these stocks may have been punished unjustly due to temporary headwinds. As a result, they may be offering high return potential. In this article, we will discuss the prospects of three high-yield stocks that are trading under $10 and offering yields above 5%. Whitestone REIT (WSR) Source: Vitalii Vodolazskyi / Shutterstock Whitestone REIT (NYSE: WSR ) is a commercial real estate investment trust (REIT) that acquires, owns, manages, develops and redevelops properties it believes to be e-commerce resistant in metropolitan areas with high rates of population growth. The trust currently owns 57 properties with approximately 5.1 million square feet of gross leasable area. The properties of Whitestone are located primarily in Phoenix and Houston, with smaller allocations to other major cities in Texas.

Gladstone Capital (NASDAQ:NASDAQ:GLAD) Q2 2023 Results Conference Call May 3, 2023 8:30 AM ETCompany ParticipantsDavid Gladstone - Chief Executive OfficerMichael LiCalsi - General…

Gladstone Capital (NASDAQ:GLAD) declares $0.08/share monthly dividend, 6.7% increase from prior dividend of $0.075.Forward yield 10.19%Payable April 28; for shareholders of record April 21;…

Gladstone Capital (NASDAQ:NASDAQ:GLAD) Q1 2023 Earnings Conference Call February 7, 2023 8:30 AM ETCompany ParticipantsDavid Gladstone - Chief Executive OfficerMichael LiCalsi - General…

Gladstone Capital (GLAD) declares $0.075/share monthly dividend, in line with previous. Forward yield 8.69%

Gladstone Capital earnings beat by $0.01, revenue topped estimates

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Gladstone Capital Corp. (GLAD) on Monday reported fiscal first-quarter profit of $5.7…

Gladstone Capital (GLAD) stock edged 2% higher after hours on Monday as the company''s Q1 results were broadly in line with expectations.Q1 net investment income per share was $0.25 vs