Gladstone Capital Q4 NII $0.52/share; FY25 dividend up 25% to $2.48; NAV $21.34

GLADSTONE CAPITAL CORP

Q4 total investment income $23.9M, up 10.5% QoQ; NII $11.4M ($0.52/share).
FY25 NII $45.2M ($2.02/share); cash distributions $2.48/share, up 25.3% YoY.
Invested $126.6M in quarter; issued $149.5M 5.875% Convertible Notes due 2030.
Subsequent: redeemed $207M of notes (7.75% due 2028, 5.125% due 2026) in Oct 2025.
NAV per share $21.34 at Sept 30, 2025; declared $0.45/quarter common dividend for Q1 FY2026.

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