5 Best December Dividend Stocks to Buy

3. Gladstone Capital Corporation (NASDAQ:GLAD)

Dividend Yield as of December 6: 8.51%

Gladstone Capital Corporation (NASDAQ:GLAD) is a Virginia-based company that provides financial solutions for lower-middle market companies worldwide.

On October 19, Gladstone Capital Corporation (NASDAQ:GLAD) announced a 3.7% hike in its monthly dividend to $0.07 per share. This was the company’s second consecutive year of dividend growth after the pandemic of 2020. The stock’s dividend yield on December 6 came in at 8.51%.

As per Insider Monkey’s database, 5 hedge funds owned investments in Gladstone Capital Corporation (NASDAQ:GLAD) in Q3 2022, compared with 7 in the previous quarter. The collective value of stakes owned by these funds came in at $3.7 million.

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