Gladstone Commercial Co. (GOOD) Declares $0.13 Monthly Dividend
Gladstone Commercial Co. (NASDAQ:GOOD) announced a monthly dividend on Wednesday, January 10th, Wall Street Journal reports. Investors of record on Monday, January 22nd will be paid a dividend of 0.125 per share by the real estate investment trust on Wednesday, January 31st. This represents a $1.50 annualized dividend and a dividend yield of 7.54%. The ex-dividend date is Friday, January 19th.
Shares of Gladstone Commercial (NASDAQ:GOOD) opened at $19.90 on Thursday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.78. Gladstone Commercial has a 1-year low of $19.07 and a 1-year high of $23.35. The stock has a market cap of $545.80, a P/E ratio of -663.33, a P/E/G ratio of 2.09 and a beta of 0.87.
Gladstone Commercial (NASDAQ:GOOD) last posted its earnings results on Tuesday, October 31st. The real estate investment trust reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.38 by ($0.39). Gladstone Commercial had a return on equity of 3.96% and a net margin of 10.59%. research analysts anticipate that Gladstone Commercial will post 1.52 earnings per share for the current fiscal year.
Gladstone Commercial Company Profile
Gladstone Commercial Corporation is a real estate investment trust. The Company focuses on acquiring, owning and managing primarily office and industrial properties. The Company also makes long-term industrial and commercial mortgage loans. As of February 15, 2017, the Company owned 95 properties totaling 10.9 million square feet in 24 states.
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