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

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

Gladstone Commercial Stock Down 1.1%

GOODN stock opened at $22.24 on Thursday. The stock’s 50 day simple moving average is $22.63 and its 200 day simple moving average is $22.58. Gladstone Commercial has a fifty-two week low of $20.91 and a fifty-two week 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.