Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock Ex-Dividend Reminder

On 12/17/14, 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 12/31/14. As a percentage of GOODN's recent share price of $25.75, this dividend works out to approximately 0.58%, so look for shares of GOODN to trade 0.58% lower — all else being equal — when GOODN shares open for trading on 12/17/14. On an annualized basis, the current yield is approximately 6.90%, which compares to an average yield of 6.94% in the "Real Estate" preferred stock category, according to Preferred Stock Channel.

START SLIDESHOW:
Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

As of last close, GOODN was trading at a 3.32% premium to its liquidation preference amount, versus the average premium of 1.68% in the "Real Estate" category. The chart below shows the one year performance of GOODN shares, versus GOOD:

Performance Comparison Chart

Below is a dividend history chart for GOODN, showing historical dividends prior to the most recent $0.1484 on Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock :

GOODN+Dividend+History+Chart

In Monday trading, Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock ( GOODN) is currently off about 0.3% on the day, while the common shares ( GOOD) are down about 1.3%.

More from Stocks

12 Stocks That Make Up the GLUM Index

12 Stocks That Make Up the GLUM Index

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

REPLAY: Jim Cramer on Tariff Worries, Oil, Alphabet and Centene

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Worth a Stunning $6.6 Trillion, Tech Stocks Have Taken Over the Market

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Video: Athens Stock Exchange CEO on What's Next for Greece's Debt Woes

Here's Why Snap Shares Climbed Monday

Here's Why Snap Shares Climbed Monday