earnings
confidence high
sentiment positive
materiality 0.80
Gladstone Capital Q4 NII $0.50, FY NII $2.11; $59M gain on exit, supplemental $0.40 div
GLADSTONE CAPITAL CORP
2024-FY EPS reported
$2.11
- Q4 total investment income $23.7M (-7.7% QoQ), NII $0.50/sh consistent with $0.50 dividend.
- FY total investment income $96.6M (+11.8% YoY), NII $46.1M ($2.11/sh), cash distributions $1.98/sh (+4.8%).
- Subsequent events: exit of Antenna Research Assoc. yielded ~$59.3M realized gain; $28.9M invested in Giving Home Health Care.
- Board declares monthly distributions of $0.165/sh for Q1 FY2025 and supplemental $0.40/sh paid Dec 18.
- NAV per share $21.18, up 5% QoQ and 12.7% YoY.