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GLAD Quick Update: Another Excellent Quarter

GLAD Quick Update: Another Excellent Quarter

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BDC Buzz
May 04, 2022
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GLAD Quick Update: Another Excellent Quarter
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GLAD Update Summary

  • GLAD beat its best-case projections covering its monthly dividends by 130% primarily due to $3.2 million in success fees in connection with the repayment of its debt investment in NetFortris.

  • In April 2022, GLAD increased its monthly dividend from $0.0650 to $0.0675 for Q2 2022. I am expecting another dividend increase in 2022.

  • NAV per …

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