Gladstone Commercial (NASDAQ:GOODN – Get Free Report) will likely be announcing its results after the market closes on Tuesday, November 3rd. Analysts expect Gladstone Commercial to post earnings of $0.0333 per share and revenue of $42.56 million for the quarter.
Gladstone Commercial Stock Performance
Shares of GOODN opened at $19.93 on Monday. The firm has a 50 day moving average price of $21.48 and a 200-day moving average price of $22.39. Gladstone Commercial has a fifty-two week low of $19.60 and a fifty-two week high of $23.91.
Gladstone Commercial Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be issued a dividend of $0.1380 per share. The ex-dividend date is Monday, December 21st. This represents a $1.66 annualized dividend and a yield of 8.3%.
About Gladstone Commercial
Gladstone Commercial Corporation is a real estate investment trust (REIT) that owns, acquires and manages income-producing commercial properties in the United States. The company primarily invests in office and industrial real estate, including properties leased to a diversified group of business tenants.
Gladstone Commercial generates revenue principally through rental income under long-term leases. Its portfolio has included suburban office buildings, medical-office properties, corporate facilities, warehouses and other industrial assets.
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