Shares of Gladstone Commercial Co. (NASDAQ:GOODN – Get Free Report) were up 0.3% during mid-day trading on Thursday . The company traded as high as $22.66 and last traded at $22.51. Approximately 837 shares traded hands during trading, a decline of 74% from the average daily volume of 3,225 shares. The stock had previously closed at $22.44.
Gladstone Commercial Stock Up 0.8%
The stock has a fifty day moving average of $22.46 and a 200 day moving average of $22.60.
Gladstone Commercial Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a dividend of $0.138 per share. The ex-dividend date was Tuesday, June 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%.
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.
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