Cash Dividend On The Way From Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock

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On 2/14/14, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) will trade ex-dividend, for its monthly dividend of $0.1562, payable on 2/28/14. As a percentage of GOODO's recent share price of $24.80, this dividend works out to approximately 0.63%, so look for shares of GOODO to trade 0.63% lower - all else being equal - when GOODO shares open for trading on 2/14/14. On an annualized basis, the current yield is approximately 7.57%. The chart below shows the one year performance of GOODO shares, versus GOOD:

Performance Comparison Chart


Below is a dividend history chart for GOODO, showing historical dividends prior to the most recent $0.1562 on Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock:

GOODO+Dividend+History+Chart

In Wednesday trading, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) is currently up about 0.1% on the day, while the common shares (Symbol: GOOD) are trading flat.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.




This article appears in: Investing , Investing Ideas

Referenced Stocks: GOODO , GOOD

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