Welcome to our dedicated page for Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock news (Ticker: goodn), a resource for investors and traders seeking the latest updates and insights on Gladstone Commercial Corporation 6.625% Series E Cumulative Redeemable Preferred Stock stock.
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.
Our senior management team, under the guidance of David Gladstone, with over 200 years of combined experience, invests in single-tenant and anchored multi-tenant net leased industrial, office, and medical properties nationwide, alongside developers in build-to-suit transactions. We target primary and secondary growth markets with favorable economic trends, diversified industries, growing populations, and strong employment. With a track record of strong distribution yields, consistent occupancy, and monthly cash distributions, we strive for success.
Gladstone Commercial (Nasdaq:GOOD) has announced cash distributions for October, November, and December 2024, as well as its plan to report earnings for Q3 2024. The company declared:
- $0.10 per common share for each month, totaling $0.30 for the quarter
- $0.0875 per share of senior common stock for each month, totaling $0.2625 for the quarter
- $0.138021 per share of Series E Preferred Stock for each month, totaling $0.414063 for the quarter
- $0.125 per share of Series F Preferred Stock for each month, totaling $0.375 for the quarter
- $0.125 per share of Series G Preferred Stock for each month, totaling $0.375 for the quarter
The company will report Q3 2024 earnings after market close on November 4, 2024, with a conference call on November 5, 2024, at 8:30 a.m. ET.