Gladstone Commercial Co. (GOODN) To Go Ex-Dividend on May 20th

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, April 14th. Stockholders of record on Wednesday, May 20th will be paid a dividend of 0.138 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend is Wednesday, May 20th.

Gladstone Commercial Trading Down 1.1%

Shares of NASDAQ GOODN opened at $22.24 on Thursday. Gladstone Commercial has a 12-month low of $20.91 and a 12-month high of $24.35. The firm’s 50-day simple moving average is $22.63 and its 200 day simple moving average is $22.58.

Gladstone Commercial Company Profile

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.