On 11/17/22, Gladstone Commercial Corp’s 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) will trade ex-dividend, for its month-to-month dividend of $0.125, payable on 11/30/22. As a proportion of GOODO’s current share value of $20.00, this dividend works out to roughly 0.62%, so search for shares of GOODO to trade 0.62% decrease — all else being equal — when GOODO shares open for buying and selling on 11/17/22. On an annualized foundation, the present yield is roughly 7.69%, which compares to a median yield of seven.91% within the “Real Estate” most well-liked stock class, in response to Preferred Stock Channel.
The chart beneath reveals the one yr efficiency of GOODO shares, versus GOOD:
Below is a dividend historical past chart for GOODO, displaying historic dividends previous to the newest $0.125 on Gladstone Commercial Corp’s 7.50% Series B Cumulative Redeemable Preferred Stock:
In Tuesday buying and selling, Gladstone Commercial Corp’s 7.50% Series B Cumulative Redeemable Preferred Stock (Symbol: GOODO) is at present up about 2.6% on the day, whereas the frequent shares (Symbol: GOOD) are up about 1.6%.
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.