Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2021 and Second Quarter Ended June 30, 2021 Earnings Release and Conference Call Dates

Rhea-AI Summary

Gladstone Commercial Corporation (NASDAQ:GOOD) has declared monthly cash distributions for July, August, and September 2021, maintaining a streak of 198 consecutive monthly payouts since its inception in 2003. The common stockholders will receive $0.12515 per share, while senior common stockholders will receive $0.0875 per share. Additionally, $0.138021 per share will be distributed to Series E Preferred Stock holders, $0.125 for Series F Preferred Stock holders, and $0.125 for Series G Preferred Stock holders. The company plans to report its Q2 earnings on August 9, 2021.

Positive

• Maintained 198 consecutive monthly cash distributions.
• Consistent distribution amounts across common and preferred stock.

Negative

• None.

MCLEAN, VA / ACCESSWIRE / July 13, 2021 / 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 2021 and also announced its plan to report earnings for the second quarter ended June 30, 2021.

Cash Distributions:

Common Stock: $0.12515 cash distribution per common share for each of July, August and September 2021, payable per Table 1 below. The Company has paid 198 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 23	July 30	$0.12515
August 23	August 31	$0.12515
September 22	September 30	$0.12515
	Total for the Quarter:	$0.37545

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 2021, payable per Table 2 below. The Company has paid 135 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 6	$0.0875
August	September 3	$0.0875
September	October 6	$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 2021, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol "GOODN." 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 23	July 30	$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 2021, 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 28	August 6	$0.125
August 25	September 3	$0.125
September 29	October 6	$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 2021, 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 23	July 30	$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, 2021, after the stock market closes on Monday, August 9, 2021. The Company will hold a conference call Tuesday, August 10, 2021 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 17, 2021. To hear the replay, please dial (877) 660-6853 and use playback conference number 13719720.

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, 2021, Gladstone Commercial's real estate portfolio consisted of 120 properties, located in 27 states, totaling approximately 15.5 million square feet. Additional information can be found at www.gladstonecommercial.com.

Source: Gladstone Commercial Corporation

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

SOURCE: Gladstone Commercial Corporation

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FAQ

What is the cash distribution for Gladstone Commercial Corporation's common stock for July 2021?

Gladstone Commercial Corporation announced a cash distribution of $0.12515 per common share for July 2021.

When will Gladstone Commercial Corporation report its Q2 earnings?

Gladstone Commercial Corporation plans to report its Q2 earnings on August 9, 2021, after market close.

What is the total cash distribution for common stock for the quarter ending September 2021?

The total cash distribution for common stock for the quarter ending September 2021 is $0.37545.

How much will holders of Series E Preferred Stock receive as cash distribution?

Holders of Series E Preferred Stock will receive a cash distribution of $0.138021 per share for each month of July, August, and September 2021.