Gladstone Commercial Co. (NASDAQ:GOODN) Announces Monthly Dividend of $0.14

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, April 14th. Shareholders of record on Friday, April 24th will be given a dividend of 0.138 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date is Friday, April 24th.

Gladstone Commercial Stock Up 0.0%

Shares of NASDAQ:GOODN opened at $22.44 on Wednesday. The company has a 50 day moving average of $22.65 and a 200-day moving average of $22.59. Gladstone Commercial has a twelve month low of $20.91 and a twelve month high of $24.35.

Gladstone Commercial Company Profile

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.