Press release

Gladstone Commercial Corporation Announces an Increase in Monthly Cash Distributions for January, February and March 2022 and Fourth Quarter Ended December 31, 2021 Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / January 11, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors

articleGladstone Commercial Corporation - Real Estate Investment TrustJanuary 11, 20225/company/gladstone-commercial-corporation/news/gladstone-commercial-corporation-announces-an-increase-in-monthly-cash-distributions
Gladstone Commercial Corporation Announces an Increase in Monthly Cash Distributions for January, February and March 2022 and Fourth Quarter Ended December 31, 2021 Earnings Release and Conference Call Dates

About this update from Gladstone Commercial Corporation - Real Estate Investment Trust

[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / January 11, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the \"Company\") announced today that its board of directors declared increased cash distributions for the months of January, February and March 2022 and also announced its plan to report earnings for the fourth quarter ended December 31, 2021.Cash Distributions:Common Stock: $0.1254 cash distribution per common share for each of January, February and March 2022, payable per Table 1 below. The Company has paid 204 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions. The Company has never skipped, reduced or deferred a monthly or quarterly common stock distribution since its inception in 2003.Table 1: Summary of common stock cash distributions:Record DatePayment DateCash DistributionJanuary 21January 31$0.1254February 18February 28$0.1254March 23March 31$0.1254 Total for the Quarter:$0.3762Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock (\"Senior Common\") for each of January, February and March 2022, payable per Table 2 below. The Company has paid 141 consecutive monthly cash distributions on its Senior Common. The Company has never skipped, reduced or deferred a monthly Senior Common distribution.Table 2: Summary of Senior Common cash distributions:Payable to Holders of Record During the Month of:Payment DateAmountJanuaryFebruary 4$0.0875FebruaryMarch 4$0.0875MarchApril 5$0.0875Total for the Quarter:$0.2625Series E Preferred Stock: $0.138021 cash distribution per share of the Company's 6.625% Series E Preferred Stock (\"Series E Preferred Stock\") for each of January, February and March 2022, payable per Table 4 below. The Series E Preferred Stock trades on Nasdaq under the symbol \"GOODN.\" The Company has paid 18 consecutive monthly cash distributions on its Series E Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series E Preferred Stock distribution.Table 4: Summary of Series E Preferred Stock cash distributions:Record DatePayment DateCash DistributionJanuary 21January 31$0.138021February 18February 28$0.138021March 23March 31$0.138021 Total for the Quarter:$0.414063Series F Preferred Stock: $0.125 cash distribution per share of the Compan...

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