Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2022 and Second Quarter Ended June 30, 2022 Earnings Release and Conference Call Dates

Rhea-AI Summary

Gladstone Commercial Corporation (Nasdaq:GOOD) has declared cash distributions for July, August, and September 2022. The common stock will receive a distribution of $0.1254 per share, totaling $0.3762 for the quarter. Senior common stockholders will receive $0.0875 per share, totaling $0.2625. The Series E and F preferred stocks will receive $0.138021 and $0.125 respectively. The company has consistently paid distributions without deferral since its inception in 2003. Earnings for the second quarter ended June 30, 2022 will be reported on August 1, 2022.

Positive

• Consistent payment history with 210 consecutive monthly cash distributions on common stock.
• No skipped, reduced, or deferred distributions since 2003.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / July 12, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of July, August and September 2022 and also announced its plan to report earnings for the second quarter ended June 30, 2022.

Cash Distributions:

Common Stock: $0.1254 cash distribution per common share for each of July, August and September 2022, payable per Table 1 below. The Company has paid 210 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
July 22	July 29	$0.1254
August 23	August 31	$0.1254
September 22	September 30	$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 July, August and September 2022, payable per Table 2 below. The Company has paid 147 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
July	August 5	$0.0875
August	September 6	$0.0875
September	October 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 July, August and September 2022, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol "GOODN." The Company has paid 24 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 3: Summary of Series E Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
July 22	July 29	$0.138021
August 23	August 31	$0.138021
September 22	September 30	$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 July, August and September 2022, payable per Table 4 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 4: Summary of Series F Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
July 27	August 5	$0.125
August 25	September 6	$0.125
September 27	October 5	$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.

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 July, August and September 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
July 22	July 29	$0.125
August 23	August 31	$0.125
September 22	September 30	$0.125
	Total for the Quarter:	$0.375

Earnings Announcement:

The Company also announced today that it plans to report earnings for the second quarter ended June 30, 2022, after the stock market closes on Monday, August 1, 2022. The Company will hold a conference call Tuesday, August 2, 2022 at 8:30 a.m. EDT 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 August 9, 2022. To hear the replay, please dial (877) 660-6853 and use playback conference number 13730106.

The live audio broadcast of the Company's conference call will be available online at www.gladstonecommercial.com.

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 March 31, 2022, Gladstone Commercial's real estate portfolio consisted of 131 properties located in 27 states, totaling approximately 16.4 million square feet. Additional information can be found at www.gladstonecommercial.com.

Investor Relations Inquiries: Please visit www.gladstonecommercial.com or +1-703-287-5893.

SOURCE: Gladstone Commercial Corporation

View source version on accesswire.com:
https://www.accesswire.com/708297/Gladstone-Commercial-Corporation-Announces-Monthly-Cash-Distributions-for-July-August-and-September-2022-and-Second-Quarter-Ended-June-30-2022-Earnings-Release-and-Conference-Call-Dates

FAQ

What are the cash distributions for Gladstone Commercial Corporation (GOOD) for July, August, and September 2022?

Gladstone Commercial Corporation (GOOD) has declared cash distributions of $0.1254 per common share and $0.0875 per Senior Common share for July, August, and September 2022.

When is the earnings report for Gladstone Commercial Corporation (GOOD) for Q2 2022?

The earnings report for the second quarter ended June 30, 2022, will be released after the market closes on August 1, 2022.

How much has Gladstone Commercial Corporation (GOOD) distributed in total for the quarter of July, August, and September 2022?

For the quarter, the total cash distribution amounts to $0.3762 for common stock, $0.2625 for Senior Common, $0.414063 for Series E Preferred, and $0.375 for Series F Preferred.