Gladstone Commercial Corporation Announces Increase in Cash Distributions to Common Stockholders, Monthly Cash Distributions for January, February and March 2020 and Fourth Quarter Ended December 31, 2019 Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Gladstone Commercial Corporation (Nasdaq: GOOD) (the “Company”) announced today that its board of directors declared cash distributions for the months of January, February and March 2020, increasing distributions to common stockholders. The Company also announced its plan to report earnings for the fourth quarter ended December 31, 2019.\n Cash Distributions: Common Stock: $0.12515 cash distribution per common share for each of January, February and March 2020, payable per Table 1 below. The Company has paid 180 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 24January 31$0.12515February 19February 28$0.12515March 20March 31$0.12515 Total for the Quarter:$0.37545 Senior Common Stock: $0.0875 cash distribution per share of the Company’s senior common stock (“Senior Common”) for each of January, February and March 2020, payable per Table 2 below. The Company has paid 117 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 7$0.0875FebruaryMarch 6$0.0875MarchApril 7$0.0875 Total for the Quarter:$0.2625 Series D Preferred Stock: $0.1458333 cash distribution per share of the Company’s 7.0% Series D Preferred Stock (“Series D Preferred Stock”) for each of January, February and March 2020, payable per Table 3 below. The Series D Preferred Stock trades on Nasdaq under the symbol “GOODM.” The Company has paid 44 consecutive monthly cash distributions on its Series D Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series D Preferred Stock distribution. Table 3: Summary of Series D Preferred Stock cash distributions: Record DatePayment DateCash DistributionJanuary 24January 31$0.1458333February 19February 28$0.1458333March 20March 31$0.1458333 Total for the Quarter:$0.4374999 Series E ...

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