Gladstone Commercial (GOODN) Set to Post Earnings on Tuesday

Gladstone Commercial (NASDAQ:GOODN) is expected to be announcing its results after the market closes on Tuesday, November 3rd. Analysts expect Gladstone Commercial to post earnings of $0.0333 per share and revenue of $42.56 million for the quarter.

Gladstone Commercial Trading Up 0.4%

NASDAQ GOODN traded up $0.07 on Tuesday, hitting $20.04. The company’s stock had a trading volume of 2,039 shares, compared to its average volume of 3,413. Gladstone Commercial has a 52-week low of $19.65 and a 52-week high of $23.91. The company’s 50-day simple moving average is $21.77 and its 200 day simple moving average is $22.44.

Gladstone Commercial Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Monday, December 21st will be paid a dividend of $0.1380 per share. The ex-dividend date of this dividend is Monday, December 21st. This represents a $1.66 annualized dividend and a dividend yield of 8.3%.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a real estate investment trust (REIT) that owns, acquires and manages income-producing commercial properties in the United States. The company primarily invests in office and industrial real estate, including properties leased to a diversified group of business tenants.

Gladstone Commercial generates revenue principally through rental income under long-term leases. Its portfolio has included suburban office buildings, medical-office properties, corporate facilities, warehouses and other industrial assets.