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

Gladstone Commercial Co. (NASDAQ:GOODN) declared a monthly dividend on Wednesday, January 15th,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 yield of 7.25%. The ex-dividend date of this dividend is Wednesday, March 19th.

Gladstone Commercial Price Performance

Shares of GOODN traded up $0.29 during trading hours on Wednesday, reaching $22.84. The stock had a trading volume of 3,530 shares, compared to its average volume of 7,696. Gladstone Commercial has a 52 week low of $21.03 and a 52 week high of $24.91. The firm has a 50-day moving average of $23.36 and a 200 day moving average of $23.01.

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.