Gladstone Commercial Co. (NASDAQ:GOODO) Announces $0.13 Monthly Dividend

Gladstone Commercial Co. (NASDAQ:GOODO) declared a monthly dividend on Monday, October 14th, Wall Street Journal reports. Shareholders of record on Friday, December 20th will be paid a dividend of 0.125 per share on Tuesday, December 31st. This represents a $1.50 annualized dividend and a yield of 6.98%. The ex-dividend date is Friday, December 20th.

Gladstone Commercial Stock Performance

Shares of NASDAQ GOODO traded up $0.13 during trading hours on Monday, reaching $21.48. 6,438 shares of the stock traded hands, compared to its average volume of 7,584. The company’s 50-day simple moving average is $20.89 and its two-hundred day simple moving average is $20.25. Gladstone Commercial has a 52-week low of $16.19 and a 52-week high of $21.60.

Gladstone Commercial Company Profile

gladstone commercial corporation is a publicly traded reit (nasdaq: good) that invests in single tenant and anchored multi-tenant net leased industrial, office and, to a lesser extent, medical properties nationwide. we also invest alongside developers in build-to-suit transactions where a tenant requires a new building.