Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) announced a monthly dividend on Tuesday, July 14th. Investors of record on Tuesday, August 18th will be paid a dividend of 0.125 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Tuesday, August 18th.
Gladstone Commercial Price Performance
Shares of NASDAQ:GOODO opened at $20.81 on Friday. Gladstone Commercial has a 1-year low of $19.42 and a 1-year high of $22.20. The business has a 50-day moving average price of $20.28 and a two-hundred day moving average price of $20.15.
Gladstone Commercial Company Profile
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.
Further Reading
- Five stocks we like better than Gladstone Commercial
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Gladstone Commercial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Commercial and related companies with MarketBeat.com's FREE daily email newsletter.
