Gladstone Commercial (GOODO) Projected to Release Quarterly Earnings on Wednesday

Gladstone Commercial (NASDAQ:GOODO) is anticipated to issue its results after the market closes on Wednesday, August 5th. Analysts expect Gladstone Commercial to announce earnings of $0.0450 per share and revenue of $42.1810 million for the quarter.

Gladstone Commercial Stock Down 0.2%

Shares of Gladstone Commercial stock traded down $0.05 during trading hours on Monday, reaching $20.60. The company’s stock had a trading volume of 8,620 shares, compared to its average volume of 6,752. The stock’s fifty day simple moving average is $20.18 and its two-hundred day simple moving average is $20.16. Gladstone Commercial has a one year low of $19.42 and a one year high of $22.20.

Gladstone Commercial Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be paid a dividend of $0.125 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend is Monday, September 21st.

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.