Gladstone Capital Stock: 9% Yield, Improving Coverage, 1.12x NAV (NASDAQ:GLAD)
Klaus Vedfelt Gladstone Capital Corporation (NASDAQ:GLAD) is a well-managed business development company and compelling investment choice for passive income investors, albeit one that requires them to pay a premium to net asset value. The BDC is primarily focused on collateralized First and Second Lien debt and reported improving dividend pay-out metrics, based on net investment…