Gladstone Commercial Co. (GOODO) To Go Ex-Dividend on March 23rd

Gladstone Commercial Co. (NASDAQ:GOODO) declared a monthly dividend on Tuesday, January 13th. Shareholders of record on Monday, March 23rd will be paid a dividend of 0.125 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, March 23rd.

Gladstone Commercial Trading Down 0.4%

NASDAQ:GOODO opened at $20.85 on Thursday. Gladstone Commercial has a fifty-two week low of $18.30 and a fifty-two week high of $21.37. The stock has a fifty day moving average price of $20.28 and a 200-day moving average price of $20.31.

About Gladstone Commercial

Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.

Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.