Gladstone Commercial (GOODO) Projected to Post Quarterly Earnings on Tuesday

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

Gladstone Commercial Stock Performance

Shares of Gladstone Commercial stock traded up $0.11 during midday trading on Tuesday, reaching $17.83. The company had a trading volume of 315 shares, compared to its average volume of 7,032. The stock has a fifty day simple moving average of $19.57 and a 200 day simple moving average of $20.05. Gladstone Commercial has a 1-year low of $17.51 and a 1-year high of $22.20.

Gladstone Commercial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Monday, December 21st will be given a $0.1250 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Monday, December 21st.

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.