Gladstone Commercial Corporation (GOOD) Stock
Gladstone Commercial Corporation functions as a real estate investment trust (REIT), primarily focused on acquiring, holding, and managing industrial and office properties under net leases across the United States. The company demonstrates a strong history of investor payouts, having delivered 189 continuous monthly cash dividends to its common stockholders up to September 2020.
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About Gladstone Commercial Corporation
Gladstone Commercial Corporation functions as a real estate investment trust (REIT), primarily focused on acquiring, holding, and managing industrial and office properties under net leases across the United States. The company demonstrates a strong history of investor payouts, having delivered 189 continuous monthly cash dividends to its common stockholders up to September 2020. This followed an initial period where five consecutive quarterly cash distributions were made. Additionally, preferred stockholders have experienced uninterrupted payments: 53 consecutive monthly distributions for its Series D Preferred Stock, 12 for its Series E, and 3 for its Series F. Since its inception in 2003, Gladstone Commercial has consistently met its distribution commitments, never missing, decreasing, or delaying a payment.
Gladstone Commercial Corporation is headquartered in US.
Gladstone Commercial Corporation (GOOD) stock trades at $12.52 with a market capitalization of $606.06M. The stock is valued at a price-to-earnings (P/E) ratio of 27.68, price-to-book of 3.62, price-to-sales of 3.66. Over the past 52 weeks the stock has ranged between $10.33 and $14.18, and currently trades 11.7% below its 52-week high. It pays a dividend yielding 9.58%.
On profitability, Gladstone Commercial Corporation generates a return on equity (ROE) of 9.74%, return on capital employed of 5.36%, an operating margin of 37.64%, a net profit margin of 12.75%.
Official website: www.gladstonecommercial.com