Forbes -
12 Sep 2013 19:37

On 9/16/13, 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 9/30/13. As a percentage of GLADP's recent share price of $25.69, this dividend works out to approximately 0.58%, so look for shares of GLADP to trade 0.58% lower -- all else being equal -- when GLADP shares open for trading on 9/16/13. On an annualized basis, the current yield is approximately 6.97%, which compares to an average yie...
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