On 2/16/16, Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock (Symbol: GOODN) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 2/29/16. As a percentage of GOODN's recent share price of $25.53, this dividend works out to approximately 0.58%, so look for shares of GOODN to trade 0.58% lower - all else being equal - when GOODN shares open for trading on 2/16/16. On an annualized basis, the current yield is approximately 7.02%, which compares to an average yield of 7.63% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of GOODN shares, versus GOOD:
Below is a dividend history chart for GOODN, showing historical dividends prior to the most recent $0.1484 on Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock :
In Friday trading, Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock (Symbol: GOODN) is currently up about 0.7% on the day, while the common shares (Symbol: GOOD) are down about 0.4%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
