Gladstone Commercial Co. (NASDAQ:GOODN – Get Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Friday, July 24th will be given a dividend of 0.138 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date of this dividend is Friday, July 24th.
Gladstone Commercial Stock Performance
NASDAQ GOODN opened at $22.55 on Wednesday. The stock’s 50 day moving average price is $22.48 and its two-hundred day moving average price is $22.59. Gladstone Commercial has a 52 week low of $20.91 and a 52 week high of $23.83.
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.
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