Profile
Sector:
Real EstateIndustry:
DiversifiedCountry:
United StatesIPO:
14 August 2003Next earnings report:
09 August 2024Last dividends:
18 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:58:04 GMTAnalysts recommendations
Institutional Ownership
GOOD Latest News
Gladstone Commercial (GOOD) reachead $13.86 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.
Gladstone Commercial (GOOD) announces a 7-year, 2-month lease with Hub Group in Pennsylvania, reflecting decent demand for its industrial properties.
MCLEAN, VA / ACCESSWIRE / June 17, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) ("Gladstone Commercial") announced that it has executed a 7-year, 2-month lease with Hub Group, Inc. ("Hub Group") at its 966,753 SF industrial building in Taylor, Pennsylvania, commencing July 1, 2024. The property was purchased by Gladstone Commercial in 2014.
Traditional fixed-income recommendations hinder portfolio performance, failing to outpace inflation or meet income needs. Our fixed-income allocation features high-yield, attractively discounted preferred securities. We highlight two quality preferred stocks poised for excellent total returns and consistent income.
Gladstone Commercial Corporation GOOD, a diversified REIT, is set to announce its first-quarter 2024 earnings on May 6 after the market closes. Analysts and investors are eagerly awaiting the results to evaluate the company's performance and outlook in the current economic environment.
Gladstone Commercial (GOOD) ended the last trading day at $13.29, showing a decrease of -0.3% compared to the previous session.
Income investors should always maintain their fixed-income exposure. Take advantage of the market's short-term focus by investing in these securities, which provide a consistent income stream regardless of fluctuations in trading value.
Gladstone Commercial (GOOD) ended the last trading day at $13.09, up +0.93% from the day before.
Gladstone Commercial (GOOD) ended the most recent trading session at $13.35, showing a slight increase of +0.07% compared to the previous day.
Gladstone Commercial is offering a monthly dividend yielding 8.7%. The REIT, which focuses on industrial properties, saw occupancy increase by 20 basis points to 96.8% at the end of its fourth quarter for fiscal year 2023. Lease expirations, occupancy rates, and debt maturities are all favorable for the REIT, but cash flow from operations has decreased following rate hikes by the Federal Reserve.
What type of business is Gladstone Commercial?
Gladstone Commercial Corporation is a real estate investment trust focused on acquiring, owning, and operating net leased industrial and office properties across the United States. Including payments through September 2020, Gladstone Commercial has paid 189 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, Gladstone Commercial paid five consecutive quarterly cash distributions. The company has also paid 53 consecutive monthly cash distributions on its Series D Preferred Stock, 12 consecutive monthly cash distributions on its Series E Preferred Stock and three consecutive monthly cash distributions on its Series F Preferred Stock. Gladstone Commercial has never skipped, reduced or deferred a distribution since its inception in 2003.
What sector is Gladstone Commercial in?
Gladstone Commercial is in the Real Estate sector
What industry is Gladstone Commercial in?
Gladstone Commercial is in the Diversified industry
What country is Gladstone Commercial from?
Gladstone Commercial is headquartered in United States
When did Gladstone Commercial go public?
Gladstone Commercial initial public offering (IPO) was on 14 August 2003
What is Gladstone Commercial website?
https://www.gladstonecommercial.com
Is Gladstone Commercial in the S&P 500?
No, Gladstone Commercial is not included in the S&P 500 index
Is Gladstone Commercial in the NASDAQ 100?
No, Gladstone Commercial is not included in the NASDAQ 100 index
Is Gladstone Commercial in the Dow Jones?
No, Gladstone Commercial is not included in the Dow Jones index
When does Gladstone Commercial report earnings?
The next expected earnings date for Gladstone Commercial is 09 August 2024