On 1/17/14, Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock (GOODN) will trade ex-dividend, for its monthly dividend of $0.1484, payable on 1/31/14. As a percentage of GOODN's recent share price of $26.36, this dividend works out to approximately 0.56%, so look for shares of GOODN to trade 0.56% lower — all else being equal — when GOODN shares open for trading on 1/17/14. On an annualized basis, the current yield is approximately 6.76%, which compares to an average yield of 7.70% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.
Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock Ex-Dividend Reminder - 1/17/14
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.