Gladstone Commercial Co. (GOODN) to Issue Monthly Dividend of $0.14 on April 30th

Gladstone Commercial Co. (NASDAQ:GOODN) declared a monthly dividend on Tuesday, April 14th. Shareholders of record on Friday, April 24th will be paid a dividend of 0.138 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Friday, April 24th.

Gladstone Commercial Trading Down 0.5%

Shares of Gladstone Commercial stock opened at $22.34 on Wednesday. Gladstone Commercial has a 52 week low of $20.91 and a 52 week high of $24.35. The firm’s 50 day moving average is $22.59 and its two-hundred day moving average is $22.59.

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.