Gladstone Commercial Co. Declares Monthly Dividend of $0.12 (NASDAQ:GOODO)

Gladstone Commercial Co. (NASDAQ:GOODOGet Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Monday, September 21st will be paid a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.5%. The ex-dividend date of this dividend is Monday, September 21st.

Gladstone Commercial Trading Down 0.1%

Shares of NASDAQ:GOODO opened at $20.04 on Wednesday. The company’s fifty day moving average is $20.13 and its 200 day moving average is $20.19. Gladstone Commercial has a 52 week low of $19.42 and a 52 week high of $22.20.

Gladstone Commercial Company Profile

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Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.

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Dividend History for Gladstone Commercial (NASDAQ:GOODO)

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