Gladstone Commercial Co. (NASDAQ:GOODN) to Issue Monthly Dividend of $0.14

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, October 8th, NASDAQ reports. Stockholders of record on Tuesday, October 22nd will be given a dividend of 0.138 per share on Thursday, October 31st. This represents a $1.66 annualized dividend and a dividend yield of 6.76%. The ex-dividend date of this dividend is Tuesday, October 22nd. This is a positive change from Gladstone Commercial’s previous monthly dividend of $0.14.

Gladstone Commercial Trading Up 2.5 %

NASDAQ:GOODN opened at $24.49 on Monday. The firm’s fifty day moving average price is $23.12 and its 200 day moving average price is $22.56. Gladstone Commercial has a 1-year low of $19.26 and a 1-year high of $24.66.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.