Gladstone Capital Corp

Gladstone Capital delivered a mixed but largely steady fiscal third quarter, matching Wall Street's earnings expectations while falling just short on revenue. The business development company reported net investment income of $0.50 per share for the quarter ended June 30, 2025, in line with the $0.50 consensus estimate, though total investment income of $21.66 million came in 1.08% below the $21.89 million consensus and fell 16.4% year over year. The primary drag on revenue was a contraction in the weighted average principal balance of interest-bearing investments, which declined to $647.20 million from $682.60 million in the prior quarter, pressuring interest income even as prepayment fees and dividend income provided a modest offset. Net asset value per share edged down slightly to $21.25 from $21.41. Looking ahead, management signaled confidence in rebuilding portfolio size after a period of elevated repayments, backed by an expanded $320 million credit facility and aggressive post-quarter deployments, making Gladstone a name worth watching for investors drawn to <a href="https://247wallst.com/investing/2025/06/12/retire-on-autopilot-7-monthly-dividend-payers-that-do-the-heavy-lifting/">steady monthly dividend income</a>.