Gladstone Commercial stock dividend – Gladstone Commercial Corp Declares 0.1 Cash Dividend
April 13, 2023
Dividends Yield
On April 12 2023, Gladstone Commercial ($NASDAQ:GOOD) Corp declared a 0.1 Cash Dividend per share of 1.5 USD. This dividend has been issued for the past 3 years and yields an average of 7.44%, with an ex-dividend date on April 20, 2023. If you are in search of dividend stocks, GLADSTONE COMMERCIAL might be the right choice for you. With a long term dividend strategy, Gladstone Commercial Corp has been able to consistently issue its investors with profitable returns over time.
The company also has a strong presence in the real estate market with additional investments in the hospitality and senior housing industry. For those who are seeking a reliable dividend paying stock, Gladstone Commercial Corp could be a potential investment option.
Stock Price
The dividend was declared after stock opened at $12.6 and closed at $12.4, down by 0.9% from the prior closing price of 12.5. The stock price decline was not attributed to the dividend announcement, however this move is expected to reward loyal shareholders with a steady income stream. 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 |
| 148.98 | -3.04 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gladstone Commercial. More…
| Operations | Investing | Financing |
| 69.18 | -82.51 | 16.15 |
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 |
| 1.2k | 826.88 | 5.1 |
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 |
| – | – | 29.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis
At GoodWhale, we have conducted extensive analysis of GLADSTONE COMMERCIAL‘s wellbeing. According to our Star Chart, GLADSTONE COMMERCIAL is strong in asset and profitability, but medium in growth and weak in dividend. We assigned an intermediate health score of 4/10 to GLADSTONE COMMERCIAL, taking into consideration its cashflows and debt that make it likely to sustain future operations in times of crisis. After examining the company’s performance and stability, we have classified GLADSTONE COMMERCIAL as a ‘cow’, a type of company we conclude that has the track record of paying out consistent and sustainable dividends. This makes GLADSTONE COMMERCIAL an attractive investment for investors who are looking for dividend stability and long-term value. Investors who are interested in low-risk, stable, and consistent dividend payments may be particularly drawn to 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 is an attractive investment opportunity for income seekers looking for steady and reliable dividend payments. The company has issued an annual dividend of 1.5 USD per share for the past three years, and has an average dividend yield of 7.44%. Furthermore, the ex-dividend date for the 2023 dividend is April 20. Investors who purchase shares prior to this date will be eligible to receive the full dividend payment.
This is an ideal choice for those looking for consistent income and long-term capital growth potential. The company’s low payout ratio and strong balance sheet also suggest that it is in a good position to maintain its dividend payments in the future.
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