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

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Thursday, January 16th, Wall Street Journal reports. Shareholders of record on Wednesday, March 19th will be paid a dividend of 0.138 per share on Monday, March 31st. This represents a $1.66 dividend on an annualized basis and a yield of 7.22%. The ex-dividend date of this dividend is Wednesday, March 19th.

Gladstone Commercial Stock Down 0.7 %

GOODN opened at $22.94 on Monday. The stock has a 50-day moving average price of $22.80 and a 200-day moving average price of $23.20. Gladstone Commercial has a 1 year low of $21.03 and a 1 year high of $24.91.

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.