on Gladstone Commercial Corporation (NASDAQ:GOOD)
Gladstone Commercial Corporation Confirms Monthly Cash Distributions and First Quarter Earnings Call Schedule
Gladstone Commercial Corporation, a Real Estate Investment Trust based in McLean, VA, has declared its upcoming cash distributions for April, May, and June 2024. These declarations encompass distributions for its common stock, senior common stock, Series E Preferred Stock, Series F Preferred Stock, and Series G Preferred Stock. Common stockholders will receive $0.10 per share for each of the three months, totaling $0.30 for the quarter. Senior common stockholders are set to receive $0.0875 per share for the same period, culminating in a quarter total of $0.2625. The Series E Preferred Stock distributions amount to $0.138021 per share each month, reaching $0.414063 for the quarter. Holders of the Series F and G Preferred Stocks are expected to receive $0.125 per share for each month, with a quarter sum of $0.375 for each series.
Additionally, Gladstone Commercial has announced that it will report its first-quarter earnings for the period ended March 31, 2024, following the stock market close on May 6, 2024. A conference call to discuss these results has been scheduled for May 7, 2024, at 8:30 a.m. ET. The firm operates a dividend reinvestment plan for its common and Series F Preferred stockholders and emphasizes its focus on net leased industrial and office properties across the United States.
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