Gladstone Commercial Co. (NASDAQ:GOODN – Get Free Report) announced a monthly dividend on Tuesday, July 14th. Stockholders of record on Monday, September 21st will be given a dividend of 0.138 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Monday, September 21st.
Gladstone Commercial Price Performance
Shares of GOODN stock opened at $22.55 on Wednesday. The company’s fifty day simple moving average is $22.48 and its two-hundred day simple moving average is $22.59. Gladstone Commercial has a 1 year low of $20.91 and a 1 year high of $23.83.
Gladstone Commercial Company Profile
Gladstone Commercial Corporation (NASDAQ: GOODN) is a real estate investment trust (REIT) that specializes in acquiring, owning and operating single-tenant industrial and office properties throughout the United States. The company focuses on net‐leased assets, where tenants assume responsibility for property taxes, insurance and maintenance, providing Gladstone Commercial with predictable, long‐term income streams. Its investment strategy targets properties occupied by creditworthy lessees under leases that typically range from five to twenty years in term.
Founded in 2003 and publicly listed in 2005, Gladstone Commercial is externally managed by Gladstone Management Corporation, an affiliate led by industry veteran David Gladstone.
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