Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 1/24/25, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) will trade ex-dividend, for its monthly dividend of $0.125, payable on 1/31/25. As a percentage of GOODO's recent share price of $21.04, this dividend works out to approximately 0.59%, so look for shares of GOODO to trade 0.59% lower — all else being equal — when GOODO shares open for trading on 1/24/25. On an annualized basis, the current yield is approximately 7.09%, which compares to an average yield of 7.78% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of GOODO shares, versus GOOD:

Below is a dividend history chart for GOODO, showing historical dividends prior to the most recent $0.125 on Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock:

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In Wednesday trading, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) is currently off about 0.6% on the day, while the common shares (Symbol: GOOD) are down about 2.1%.

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