Forbes -
15 Jul 2013 19:37

On 7/17/13, Gladstone Capital Corporation's 7.125% Series 2016 Preferred Stock (NASD: GLADP) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 7/31/13. As a percentage of GLADP's recent share price of $25.27, this dividend works out to approximately 0.59%, so look for shares of GLADP to trade 0.59% lower ? all else being equal ? when GLADP shares open for trading on 7/17/13. On an annualized basis, the current yield is approximately 7.00%, which compares to an average yield...
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