Gladstone Commercial Co. (NASDAQ:GOODN) Declares Dividend Increase – $0.14 Per Share

Gladstone Commercial Co. (NASDAQ:GOODN) announced a monthly dividend on Tuesday, April 8th, NASDAQ Dividends reports. Stockholders of record on Monday, April 21st will be paid a dividend of 0.138 per share on Wednesday, April 30th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 7.87%. The ex-dividend date is Monday, April 21st. This is a 0.0% increase from Gladstone Commercial’s previous monthly dividend of $0.14.

Gladstone Commercial Stock Down 3.0 %

GOODN traded down $0.66 on Thursday, hitting $21.05. 4,547 shares of the company’s stock traded hands, compared to its average volume of 5,342. The company’s 50 day simple moving average is $22.65 and its 200-day simple moving average is $23.12. Gladstone Commercial has a one year low of $20.93 and a one year high of $24.91.

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.