Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) declared a monthly dividend on Tuesday, April 14th. Investors of record on Tuesday, June 23rd will be given a dividend of 0.125 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Tuesday, June 23rd.
Gladstone Commercial Stock Down 0.1%
Gladstone Commercial stock opened at $20.23 on Friday. Gladstone Commercial has a 52 week low of $19.42 and a 52 week high of $22.20. The company has a 50 day moving average price of $20.11 and a 200 day moving average price of $20.24.
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.
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