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

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Monday, October 14th, Wall Street Journal reports. Stockholders of record on Friday, December 20th will be paid a dividend of 0.138 per share on Tuesday, December 31st. This represents a $1.66 dividend on an annualized basis and a dividend yield of 7.15%. The ex-dividend date is Friday, December 20th.

Gladstone Commercial Price Performance

Shares of Gladstone Commercial stock opened at $23.17 on Tuesday. Gladstone Commercial has a 12-month low of $19.26 and a 12-month high of $24.66. The company’s 50-day moving average price is $23.01 and its 200-day moving average price is $22.55.

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.