Gladstone Commercial Co. (GOODN) to Issue Monthly Dividend of $0.14 on October 31st

Gladstone Commercial Co. (NASDAQ:GOODN) declared a monthly dividend on Tuesday, October 8th, NASDAQ reports. Shareholders of record on Tuesday, October 22nd will be paid a dividend of 0.138 per share on Thursday, October 31st. This represents a $1.66 dividend on an annualized basis and a yield of 6.76%. The ex-dividend date of this dividend is Tuesday, October 22nd. This is a positive change from Gladstone Commercial’s previous monthly dividend of $0.14.

Gladstone Commercial Price Performance

Shares of GOODN stock opened at $24.49 on Friday. The company’s fifty day simple moving average is $23.12 and its 200-day simple moving average is $22.57. Gladstone Commercial has a 52 week low of $19.26 and a 52 week high of $24.66.

About Gladstone Commercial

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.