Gladstone Commercial Co. (GOODO) to Issue Monthly Dividend of $0.13 on December 31st

Gladstone Commercial Co. (NASDAQ:GOODOGet Free Report) announced a monthly dividend on Tuesday, October 14th. Investors of record on Monday, December 22nd will be given a dividend of 0.125 per share on Wednesday, December 31st. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend is Monday, December 22nd.

Gladstone Commercial Stock Performance

GOODO opened at $20.77 on Friday. The business has a fifty day simple moving average of $20.05 and a 200 day simple moving average of $20.30. Gladstone Commercial has a 1 year low of $18.30 and a 1 year high of $21.37.

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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