Gladstone Commercial (GOODO) Projected to Post Earnings on Tuesday

Gladstone Commercial (NASDAQ:GOODO) will likely be posting its results after the market closes on Tuesday, November 3rd. Analysts expect Gladstone Commercial to post earnings of $0.0333 per share and revenue of $42.56 million for the quarter.

Gladstone Commercial Stock Performance

Shares of GOODO opened at $17.99 on Monday. The business has a fifty day moving average of $19.33 and a 200 day moving average of $19.99. Gladstone Commercial has a 52-week low of $17.49 and a 52-week high of $22.20.

Gladstone Commercial Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Monday, December 21st will be given a dividend of $0.1250 per share. This represents a $1.50 annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Monday, December 21st.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust (REIT) that acquires, owns and manages income-producing commercial properties. The company primarily focuses on office and industrial assets that are leased to businesses under long-term agreements, generating rental income for its investment portfolio.

Gladstone Commercial’s properties are located across the United States and serve a variety of tenants and industries. Its portfolio has historically included single-tenant and select multi-tenant properties, with an emphasis on assets that can provide stable occupancy and recurring cash flow.