On 11/12/13, Gladstone Capital Corporation's 7.125% Series 2016 Preferred Stock (GLADP will trade ex-dividend, for its monthly dividend of $0.1484, payable on 11/29/13. As a percentage of GLADP's recent share price of $25.37, this dividend works out to approximately 0.59%, so look for shares of GLADP to trade 0.59% lower — all else being equal — when GLADP shares open for trading on 11/12/13. On an annualized basis, the current yield is approximately 6.94%, which compares to an average yield of 5.83% in the "Financial" preferred stock category, according to Preferred Stock Channel.As of last close, GLADP was trading at a 2.60% premium to its liquidation preference amount.The chart below shows the one year performance of GLADP shares, versus GLAD: Below is a dividend history chart for GLADP, showing historical dividends prior to the most recent $0.1484 on Gladstone Capital Corporation's 7.125% Series 2016 Preferred Stock: According to the ETF Finder at ETF Channel, Gladstone Capital Corporation ( GLAD - Get Report) makes up 1.12% of the BDC Income ETF (BIZD) which is trading higher by about 0.5% on the day Friday. In Friday trading, Gladstone Capital Corporation's 7.125% Series 2016 Preferred Stock ( GLADP is currently down about 1.1% on the day, while the common shares ( GLAD - Get Report) are up about 1.8%.
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