Gladstone Capital (GLAD) Dividend Coverage Ratio (2021 - 2026)
Gladstone Capital's Dividend Coverage Ratio was 1.23 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 89.2% from 0.65 a year earlier but down 15.7% from the prior quarter.
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Analysis
Gladstone Capital (GLAD) Dividend Coverage Ratio (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gladstone Capital's Dividend Coverage Ratio was 1.05 through Jun 30, 2026, down 25.3% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 1.01, down 53.6% from FY2024.
- In earlier fiscal years, Dividend Coverage Ratio was 2.19 in FY2024 (+81.4%), 1.21 in FY2023 (+65.3%), 0.73 in FY2022 (-77.5%) and 3.25 in FY2021.
- Quarterly Dividend Coverage Ratio has moved between -0.81 (fiscal Q3 2022) and 2.93 (fiscal Q4 2024) over five years.
- Compared with a year earlier, Dividend Coverage Ratio was higher in three of the last eight quarters, with growth averaging 3.9%.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q1 2024 (growth of 141.2%); the worst was fiscal Q4 2025 (a decline of 65.1%).
- Per Business Quant data, GLAD's Dividend Coverage Ratio in the three fiscal quarters before Q3 2026 was 1.46 (Q2 2026), 0.49 (Q1 2026) and 1.02 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 38.33 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 8.64 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 5.86 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Gladstone Capital | 434.46 Mn | 434.46 Mn | - | 1.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 |
| Mar 31, 2026 | 1.46 |
| Dec 31, 2025 | 0.49 |
| Sep 30, 2025 | 1.02 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 1.34 |
| Sep 30, 2024 | 2.93 |
| Jun 30, 2024 | 1.76 |
| Mar 31, 2024 | 2.19 |
| Dec 31, 2023 | 1.86 |
| Sep 30, 2023 | 1.23 |
| Jun 30, 2023 | 1.31 |
| Mar 31, 2023 | 1.45 |
| Dec 31, 2022 | 0.77 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | -0.81 |
| Mar 31, 2022 | 1.24 |
| Dec 31, 2021 | 1.81 |
API Access
Gladstone Capital Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GLAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "GLAD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=GLAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();