Gladstone Commercial dividend yield – Gladstone Commercial Corp Announces 0.1 Cash Dividend
June 26, 2023
🌥️Dividends Yield
On May 25 2023, Gladstone Commercial ($NASDAQ:GOOD) Corp (GLADSTONE COMMERCIAL) announced a 0.1 cash dividend. This announcement follows a long-term trend of paying out an annual dividend per share of 1.43, 1.5, and 1.5 USD respectively in the last 3 years. The dividend yields from 2021 to 2023 are 7.53%, 7.44%, and 7.3%, with an average dividend yield of 7.42%. This indicates that GLADSTONE COMMERCIAL is worth considering if you are interested in dividend stocks, as this yield is quite attractive.
The ex-dividend date is May 22 2023, so if you are looking to invest now, you can expect to receive the dividend payment. With its attractive dividend yields and the ex-dividend date being May 22 2023, investors should consider GLADSTONE COMMERCIAL as a viable option.
Stock Price
Following the announcement, the stock opened at $11.2 and closed at $11.1, down by 1.7% from its prior closing price of 11.3. This marks the company’s second consecutive quarterly dividend, as it continues to aim for long-term growth and financial stability for its shareholders. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gladstone Commercial. More…
| Total Revenues | Net Income | Net Margin |
| 150 | -4.09 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gladstone Commercial. More…
| Operations | Investing | Financing |
| 66.91 | -64.27 | 1.49 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gladstone Commercial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.19k | 825.91 | 4.72 |
Key Ratios Snapshot
Some of the financial key ratios for Gladstone Commercial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 29.7% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
GoodWhale has performed an analysis of GLADSTONE COMMERCIAL‘s financials and the results can be seen in the Star Chart. It can be seen that GLADSTONE COMMERCIAL is strong in profitability, medium in asset, growth and weak in dividend. Furthermore, the financial health score of GLADSTONE COMMERCIAL is low with a score of 3/10, indicating that it is less likely to be able to pay off debt and fund future operations. As such, we classify GLADSTONE COMMERCIAL as a ‘cow’, a type of company with the track record of paying out consistent and sustainable dividends. Investors looking for steady returns over a long-term would likely be interested in this type of company. More…
Peers
The commercial real estate market is highly competitive, with many companies vying for the same properties. Gladstone Commercial Corp is one such company, and it competes against many others, including Daiwa House REIT Investment Corp, First Real Estate Investment Trust of New Jersey Inc, and Inland Real Estate Income Trust Inc.
– Daiwa House REIT Investment Corp ($TSE:8984)
Daiwa House REIT Investment Corp is a publicly traded real estate investment trust that invests in a portfolio of office, retail, and residential properties in Japan. As of March 31, 2021, the company owned and operated a total of 1,084 properties, with a market value of approximately JPY 694.6 billion. The company is headquartered in Tokyo, Japan.
– First Real Estate Investment Trust of New Jersey Inc ($OTCPK:FREVS)
Real Estate Investment Trust of New Jersey Inc is a publicly traded company that owns and operates a portfolio of properties in the United States. The company’s portfolio consists of office, retail, industrial, and residential properties. As of December 31, 2020, the company owned and operated a total of 1,122 properties. The company was founded in 1992 and is headquartered in Clifton, New Jersey.
– Inland Real Estate Income Trust Inc ($OTCPK:INRE)
Inland Real Estate Income Trust Inc is a real estate investment trust. The Company owns and operates a diversified portfolio of income-producing real estate assets. The Company’s portfolio includes retail, office, industrial, hotel and multifamily properties.
Summary
GLADSTONE COMMERCIAL has been an attractive investment in the past three years, paying out a consistent dividend of 1.43, 1.5, and 1.5 USD per share. This has resulted in dividend yields of 7.53%, 7.44%, and 7.3%, with an average yield of 7.42%. Investors can expect a reliable income stream from GLADSTONE COMMERCIAL, making it a strong option for those looking for a steady source of income. Additionally, with a history of regular dividend payments, the company is likely to be stable and have a positive outlook for the future.
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