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

Gladstone Commercial Co. (NASDAQ:GOODN) declared a monthly dividend on Tuesday, July 14th. Shareholders of record on Tuesday, August 18th will be paid a dividend of 0.138 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Tuesday, August 18th.

Gladstone Commercial Price Performance

Shares of NASDAQ GOODN opened at $22.55 on Wednesday. The business has a 50 day simple moving average of $22.48 and a 200 day simple moving average of $22.59. Gladstone Commercial has a 52 week low of $20.91 and a 52 week high of $23.83.

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.