Gladstone Commercial (GOODN) Projected to Announce Quarterly Earnings on Tuesday

Gladstone Commercial (NASDAQ:GOODN) is projected to issue its results after the market closes on Tuesday, November 3rd. Analysts expect Gladstone Commercial to announce earnings of $0.0333 per share and revenue of $42.56 million for the quarter.

Gladstone Commercial Trading Up 0.4%

Shares of GOODN traded up $0.07 on Tuesday, reaching $20.04. The stock had a trading volume of 2,039 shares, compared to its average volume of 3,413. The company has a 50-day simple moving average of $21.77 and a 200-day simple moving average of $22.44. Gladstone Commercial has a 12-month low of $19.65 and a 12-month high of $23.91.

Gladstone Commercial Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be paid a $0.1380 dividend. This represents a $1.66 annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Monday, December 21st.

About Gladstone Commercial

Gladstone Commercial Corporation is a real estate investment trust (REIT) that owns, acquires and manages income-producing commercial properties in the United States. The company primarily invests in office and industrial real estate, including properties leased to a diversified group of business tenants.

Gladstone Commercial generates revenue principally through rental income under long-term leases. Its portfolio has included suburban office buildings, medical-office properties, corporate facilities, warehouses and other industrial assets.