GLAD

In the past six months, Gladstone Capital Corp. reported increased total investment income and net investment income for the first fiscal quarter of 2026, but cash distribution per common share was adjusted down. For the second fiscal quarter ended March 31, 2026, the company reported strong financial performance, with total investment income rising 6.0% to $25.99 million and net investment income increasing to $11.84 million, or $0.52 per share, contributing to a 1.51% rise in its stock price in pre-market trading on May 7, 2026. The company also announced monthly cash distributions for common and preferred stockholders for various periods and a strategic succession plan in March 2026. Over the past year, GLAD shares have experienced a significant decline, outpacing the decline in net asset value, which has been attributed to broader sector-wide challenges affecting business development companies.