Gladstone Commercial Corporation(NASDAQ:GOOD) Declares Dividend of $0.1250.

Gladstone Commercial Corporation (NASDAQ:GOOD) had declared a cash dividend of $0.1250 on Apr 12, 2016. The shares will quote ex-dividend on Apr 20, 2016 and the record date has been fixed on Apr 22, 2016. At Apr 12, 2016 share price, the yield comes out to be 9.0689%. The dividend payable date has been fixed on May 2, 2016.

Gladstone Commercial Corporation (GOOD) made into the market gainers list on Fridays trading session with the shares advancing 0.42% or 0.07 points. Due to strong positive momentum, the stock ended at $16.66, which is also near the day’s high of $16.775. The stock began the session at $16.5 and the volume stood at 1,37,949 shares. The 52-week high of the shares is $18.74 and the 52 week low is $12. The company has a current market capitalization of $376 M and it has 2,25,50,111 shares in outstanding.

Gladstone Commercial Corporation(GOOD) last announced its earnings results on Feb 17, 2016 for Fiscal Year 2015 and Q4.Company reported revenue of $21.82M. Analysts had an estimated revenue of $21.36M. Earnings per share were $0.39. Analysts had estimated an EPS of $0.39.

Several Insider Transactions has been reported to the SEC. On Mar 8, 2016, Robert G Cutlip (President) purchased 400 shares at $15.61 per share price.Also, On Feb 25, 2016, Walter H Wilkinson (director) purchased 3,300 shares at $14.64 per share price.On Aug 10, 2015, Paul W Adelgren (director) purchased 900 shares at $15.70 per share price, according to the Form-4 filing with the securities and exchange commission.

Gladstone Commercial Corporation is a real estate investment trust (REIT). The Company is engaged in investing and owning net leased industrial commercial and retail real properties and making long-term industrial and commercial mortgage loans. The Company’s principal investment objective is to generate income from rental properties and mortgage loans. The Company’s portfolio of real estate is leased to a section of tenants ranging from small businesses to large public companies. The Company owns approximately 96 properties. The Company conducts its activities including the ownership of its properties through Gladstone Commercial Limited Partnership (Operating Partnership). The Company’s business is managed by its external adviser Gladstone Management Corporation. Gladstone Administration LLC provides administrative services to the Company.

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