Gladstone Commercial Corporation (GOOD)
Gladstone Commercial Corporation operates in the REIT - Diversified industry of the Real Estate sector, headquartered in McLean, VA, US. The stock last traded at $13.01, up 1.80% on the session, giving a market capitalisation of $629.8M. On trailing twelve-month figures it carries a trailing P/E of 24.51, a net margin of 14.5%. Its beta of 1.07 implies it has historically moved more than the broad market.
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 most often compared with the following Real Estate names: