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

Gladstone Commercial Co. (NASDAQ:GOODN) declared a monthly dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Friday, April 19th will be paid a dividend of 0.138 per share on Tuesday, April 30th. This represents a $1.66 annualized dividend and a yield of 7.38%. The ex-dividend date of this dividend is Thursday, April 18th. This is an increase from Gladstone Commercial’s previous monthly dividend of $0.14.

Gladstone Commercial Stock Performance

GOODN stock opened at $22.44 on Tuesday. Gladstone Commercial has a twelve month low of $16.51 and a twelve month high of $24.66. The stock’s 50 day moving average is $22.96 and its 200-day moving average is $21.39.

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.