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

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Wednesday, January 15th, Wall Street Journal reports. Stockholders of record on Wednesday, March 19th will be given a dividend of 0.138 per share on Monday, March 31st. This represents a $1.66 annualized dividend and a dividend yield of 7.22%. The ex-dividend date is Wednesday, March 19th.

Gladstone Commercial Price Performance

Shares of NASDAQ GOODN opened at $22.94 on Monday. The company’s fifty day moving average is $22.80 and its 200-day moving average is $23.20. Gladstone Commercial has a twelve month low of $21.03 and a twelve month high of $24.91.

Gladstone Commercial Company Profile

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.