Gladstone Commercial Co. (GOODN) to Issue Monthly Dividend of $0.14 on January 30th

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, January 13th. Investors of record on Friday, January 23rd will be paid a dividend of 0.138 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, January 23rd.

Gladstone Commercial Stock Performance

Shares of GOODN stock opened at $22.92 on Wednesday. Gladstone Commercial has a 52 week low of $20.51 and a 52 week high of $24.35. The stock’s fifty day moving average is $22.64 and its 200-day moving average is $22.56.

About Gladstone Commercial

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.