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

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, January 13th. Investors of record on Wednesday, February 18th will be given a dividend of 0.138 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Wednesday, February 18th.

Gladstone Commercial Stock Performance

NASDAQ GOODN opened at $22.63 on Wednesday. The company has a 50-day simple moving average of $22.57 and a two-hundred day simple moving average of $22.57. Gladstone Commercial has a 12-month low of $20.51 and a 12-month high of $24.35.

About Gladstone Commercial

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.