Gladstone Capital (GLAD) has been a very stable dividend stock for years, they have been consistently been paying a $0.07/share dividend per month or $0.84 per year. Sure, there dividend hasn't gone up, but I would rather keep it the same when it comes to going up and down. Right now, the dividend yield is about 9%. This is a very decent yield not the best one out their but it is around the top 10% in my opinion when it comes to dividend yield with years of performing. My biggest portfolio holding is in GLAD. It is over all stable sure it might fluctuate between $8.5 to $9.5/share.
I really like their balance sheet, it is in good shape because their liabilities represents close to 40% of the assets that they have. This is what I like to see in a company, if they had to liquidate they should have more than enough to wipe out all of the liabilities. My general rule is a 2 to 1 ratio of Assets to Liabilities, if not better. Or around 50% of the assets are represented by total liabilities. How I invest is for monthly dividend payouts. This is why I enjoy GLAD. It is one of those companies that I can see keep going for decades to come. I will continue to have a close eye on GLAD because it is important to all ways keep an eye on one's holdings in companies. No matter how good the company is. Sure Dividend has a really good list of the top monthly dividend paying companies. Here is the Sure Dividend Link - www.suredividend.com/monthly-dividend-stocks/ Here is the Nasdaq Page of Gladstone Capital - www.nasdaq.com/symbol/glad/financials?query=balance-sheet
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AuthorTSKJesusFreak is all about bringing a Jesus Center Reformed Minded Worldview to the world. Archives
June 2024
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