Gladstone Commercial Co. (NASDAQ:GOODN) Announces Monthly Dividend of $0.14

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, April 14th. Shareholders of record on Wednesday, May 20th will be given a dividend of 0.138 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.4%. The ex-dividend date is Wednesday, May 20th.

Gladstone Commercial Stock Performance

NASDAQ GOODN opened at $22.44 on Wednesday. The company has a 50-day simple moving average of $22.65 and a two-hundred day simple moving average of $22.59. Gladstone Commercial has a 12-month low of $20.91 and a 12-month high of $24.35.

Gladstone Commercial Company Profile

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.