Gladstone Capital: This 9.6% Dividend Yield Is Still A Buy

Colleen Michaels/iStock Editorial via Getty Images I rated Gladstone Capital (NASDAQ:GLAD) as a buy when I last covered the business development company. Total returns since then have been marginally positive, at just over 6%. The BDC just reported fiscal 2024 first-quarter earnings, ending December 31st, 2023, with total and net investment income underperforming versus consensus estimates. Total investment income for the first quarter at $$23.2 million dipped by $$600,000 sequentially but grew by 20.4% o ...