On 8/18/15, 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 8/31/15. As a percentage of GOODN’s recent share price of $25.51, 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 8/18/15. On an annualized basis, the current yield is approximately 6.98%, which compares to an average yield of 7.11% 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 trading flat on the day, while the common shares (Symbol: GOOD) are down about 0.1%.