Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) announced a monthly dividend on Tuesday, October 13th. Stockholders of record on Friday, October 23rd will be paid a dividend of $0.1250 per share on Friday, October 30th. This represents a $1.50 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, October 23rd.
Gladstone Commercial Price Performance
Shares of GOODO stock opened at $18.01 on Wednesday. The stock has a 50 day moving average price of $19.80 and a 200 day moving average price of $20.03. Gladstone Commercial has a 52-week low of $17.51 and a 52-week high of $22.20.
About Gladstone Commercial
Gladstone Commercial Corporation is a real estate investment trust (REIT) that acquires, owns and manages income-producing commercial properties. The company primarily focuses on office and industrial assets that are leased to businesses under long-term agreements, generating rental income for its investment portfolio.
Gladstone Commercial’s properties are located across the United States and serve a variety of tenants and industries. Its portfolio has historically included single-tenant and select multi-tenant properties, with an emphasis on assets that can provide stable occupancy and recurring cash flow.
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