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

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Thursday, January 16th,Wall Street Journal reports. Investors 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 dividend yield of 7.25%. The ex-dividend date is Wednesday, March 19th.

Gladstone Commercial Stock Performance

Shares of GOODN opened at $22.84 on Friday. The firm has a 50-day moving average price of $23.33 and a 200 day moving average price of $23.01. Gladstone Commercial has a 52-week low of $21.03 and a 52-week 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.