Gladstone Commercial Co. to Issue Monthly Dividend of $0.14 (NASDAQ:GOODN)

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Wednesday, April 9th, Wall Street Journal reports. Investors of record on Friday, June 20th will be paid a dividend of 0.138 per share on Monday, June 30th. This represents a $1.66 annualized dividend and a yield of 7.01%. The ex-dividend date is Friday, June 20th.

Gladstone Commercial Trading Up 2.7%

Gladstone Commercial stock opened at $23.62 on Wednesday. Gladstone Commercial has a 52-week low of $20.51 and a 52-week high of $24.91. The company’s 50 day moving average is $22.38 and its two-hundred day moving average is $22.64.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.