Gladstone Commercial Stock (NASDAQ:GOOD)
Previous Close
$12.76
52W Range
$10.33 - $14.70
50D Avg
$12.51
200D Avg
$11.88
Market Cap
$612.35M
Avg Vol (3M)
$452.12K
Beta
1.07
Div Yield
$1.20 (9.49%)
GOOD Company Profile
Gladstone Commercial Corporation functions as a real estate investment trust (REIT), primarily focused on acquiring, holding, and managing industrial and office properties under net leases across the United States. The company demonstrates a strong history of investor payouts, having delivered 189 continuous monthly cash dividends to its common stockholders up to September 2020. This followed an initial period where five consecutive quarterly cash distributions were made. Additionally, preferred stockholders have experienced uninterrupted payments: 53 consecutive monthly distributions for its Series D Preferred Stock, 12 for its Series E, and 3 for its Series F. Since its inception in 2003, Gladstone Commercial has consistently met its distribution commitments, never missing, decreasing, or delaying a payment.