Gladstone Commercial Co. (NASDAQ:GOODO – Get Free Report) announced a monthly dividend on Tuesday, January 13th. Investors of record on Friday, January 23rd will be paid a dividend of 0.125 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Friday, January 23rd.
Gladstone Commercial Trading Down 0.4%
NASDAQ GOODO opened at $20.85 on Thursday. The business’s 50 day moving average is $20.28 and its two-hundred day moving average is $20.31. Gladstone Commercial has a 12-month low of $18.30 and a 12-month high of $21.37.
About Gladstone Commercial
Gladstone Commercial Corporation is a publicly traded real estate investment trust that specializes in the acquisition, ownership and management of commercial properties across the United States. The company focuses primarily on single-tenant, net-leased office and industrial facilities, seeking long-term contractual cash flows from creditworthy tenants. Its investment strategy emphasizes free-standing assets located in markets with stable economic fundamentals and limited new supply.
Since its formation in 2003, Gladstone Commercial has pursued a disciplined growth approach, funding new acquisitions through a combination of equity raises, debt financing and proceeds from property dispositions.
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