Gladstone Commercial Co. (NASDAQ:GOODN) Increases Dividend to $0.14 Per Share

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Friday, April 19th will be paid a dividend of 0.138 per share on Tuesday, April 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 7.38%. The ex-dividend date of this dividend is Thursday, April 18th. This is a boost from Gladstone Commercial’s previous monthly dividend of $0.14.

Gladstone Commercial Trading Up 0.8 %

Shares of NASDAQ GOODN opened at $22.44 on Tuesday. Gladstone Commercial has a 12-month low of $16.51 and a 12-month high of $24.66. The stock has a 50 day simple moving average of $22.96 and a 200-day simple moving average of $21.39.

Gladstone Commercial Company Profile

Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through January 2024, Gladstone Commercial has paid 229 consecutive monthly cash distributions on its common stock.