Gladstone Commercial Corporation Announces an Increase in Monthly Cash Distributions for January, February and March 2022 and Fourth Quarter Ended December 31, 2021 Earnings Release and Conference Call Dates

Rhea-AI Summary

Gladstone Commercial Corporation (Nasdaq:GOOD) has declared an increase in cash distributions for January, February, and March 2022. The company will distribute $0.1254 per common share, marking 204 consecutive months of cash payments without interruption. Additionally, $0.0875 will be paid on senior common stocks, alongside various preferred stocks, totaling quarterly payments of $0.3762, $0.2625, $0.414063, and $0.375 respectively. An earnings report for Q4 ending December 31, 2021, is scheduled for February 15, 2022, with a conference call on February 16.

Positive

• $0.1254 cash distribution per common share for January, February, and March 2022.
• 204 consecutive months of cash distributions without interruption.
• Total quarterly distributions amount to $0.3762 for common stock.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / January 11, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared increased cash distributions for the months of January, February and March 2022 and also announced its plan to report earnings for the fourth quarter ended December 31, 2021.

Cash Distributions:

Common Stock: $0.1254 cash distribution per common share for each of January, February and March 2022, payable per Table 1 below. The Company has paid 204 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions. The Company has never skipped, reduced or deferred a monthly or quarterly common stock distribution since its inception in 2003.

Table 1: Summary of common stock cash distributions:

Record Date	Payment Date	Cash Distribution
January 21	January 31	$0.1254
February 18	February 28	$0.1254
March 23	March 31	$0.1254
	Total for the Quarter:	$0.3762

Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock ("Senior Common") for each of January, February and March 2022, payable per Table 2 below. The Company has paid 141 consecutive monthly cash distributions on its Senior Common. The Company has never skipped, reduced or deferred a monthly Senior Common distribution.

Table 2: Summary of Senior Common cash distributions:

Payable to Holders of Record During the Month of:	Payment Date	Amount
January	February 4	$0.0875
February	March 4	$0.0875
March	April 5	$0.0875
Total for the Quarter:		$0.2625

Series E Preferred Stock: $0.138021 cash distribution per share of the Company's 6.625% Series E Preferred Stock ("Series E Preferred Stock") for each of January, February and March 2022, payable per Table 4 below. The Series E Preferred Stock trades on Nasdaq under the symbol "GOODN." The Company has paid 18 consecutive monthly cash distributions on its Series E Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series E Preferred Stock distribution.

Table 4: Summary of Series E Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
January 21	January 31	$0.138021
February 18	February 28	$0.138021
March 23	March 31	$0.138021
	Total for the Quarter:	$0.414063

Series F Preferred Stock: $0.125 cash distribution per share of the Company's 6.0% Series F Preferred Stock ("Series F Preferred Stock") for each of January, February and March 2022, payable per Table 5 below. The Series F Preferred Stock is not listed on a national securities exchange. The Company has never skipped, reduced or deferred a monthly Series F Preferred Stock distribution.

Table 5: Summary of Series F Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
January 26	February 4	$0.125
February 24	March 4	$0.125
March 25	April 4	$0.125
	Total for the Quarter:	$0.375

Series G Preferred Stock: $0.125 cash distribution per share of the Company's 6.00% Series G Preferred Stock ("Series G Preferred Stock") for each of January, February and March 2022, payable per Table 5 below. The Series G Preferred Stock trades on Nasdaq under the symbol "GOODO." The Company has never skipped, reduced or deferred a monthly Series G Preferred Stock distribution.

Table 5: Summary of Series G Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
January 21	January 31	$0.125
February 18	February 28	$0.125
March 23	March 31	$0.125
	Total for the Quarter:	$0.375

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders and Series F Preferred stockholders. For more information regarding the DRIP, please visit www.gladstonecommercial.com.

Earnings Announcement:

The Company also announced today that it plans to report earnings for the fourth quarter ended December 31, 2021, after the stock market closes on Tuesday, February 15, 2022. The Company will hold a conference call Wednesday, February 16, 2022 at 8:30 a.m. EST to discuss its earnings results. Please call (877) 407-9045 to enter the conference call. An operator will monitor the call and set a queue for questions.

A conference call replay will be available after the call and will be accessible through February 23, 2022. To hear the replay, please dial (877) 660-6853 and use playback conference number 13725356.

The live audio broadcast of the Company's conference call will be available online at www.gladstonecommercial.com. The event will also be archived and available for replay on the Company's website.

If you have questions prior to or following the earnings release you may e-mail them to info@gladstonecompanies.com.

Gladstone Commercial Corporation is a real estate investment trust ("REIT") focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of September 30, 2021, Gladstone Commercial's real estate portfolio consisted of 127 properties located in 27 states, totaling approximately 15.7 million square feet. Additional information can be found at www.gladstonecommercial.com.

SOURCE: Gladstone Commercial Corporation

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FAQ

What is the cash distribution for Gladstone Commercial Corporation common stock in January 2022?

Gladstone Commercial Corporation has announced a cash distribution of $0.1254 per common share for January 2022.

When will Gladstone Commercial Corporation report its earnings for Q4 2021?

The earnings report for Gladstone Commercial Corporation for Q4 2021 is scheduled for February 15, 2022.

How much is the total cash distribution for Gladstone's Series E Preferred Stock for Q1 2022?

The total cash distribution for Gladstone's Series E Preferred Stock for Q1 2022 is $0.414063 per share.

When is the conference call to discuss Gladstone Commercial Corporation's earnings?

The conference call to discuss Gladstone Commercial Corporation's earnings is on February 16, 2022, at 8:30 a.m. EST.