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Gladstone Capital Corporation Message Board

  • random4225 random4225 Apr 13, 2011 11:10 AM Flag

    Distribution announcement, tax treatment

    I see that GLAD is going to maintain its monthly 7 cent dividend, I am finally ready to purchase some shares. Questions:

    Do you think prospects seem reasonable for the company to maintain this dividend rate? From the earnings cc it seemed like they are not anxious to deploy too much capital... My thought was to pick up shares now while the dividend is depressed and just wait until business picks up to start enjoying even greater dividends.

    What is the tax treatment of the dividends? Is this stock alright to hold in a retirement account? I have some money in a limited partnership, distributions include return of capital which doesn't work in tax-sheltered accounts. If it is like a REIT, I still need an answer, never touched a REIT before.


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