Press release

Gladstone Commercial Corporation Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021 Earnings Release and Conference Call Dates

MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") announced today that its board of directors

articleGladstone Commercial Corporation - Real Estate Investment TrustOctober 12, 20213/company/gladstone-commercial-corporation/news/gladstone-commercial-corporation-announces-increase-in-monthly-cash-distributions-for
Gladstone Commercial Corporation Announces Increase in Monthly Cash Distributions for October, November and December 2021 and Third Quarter Ended September 30, 2021 Earnings Release and Conference Call Dates

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

[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / October 12, 2021 / Gladstone Commercial Corporation (NASDAQ:GOOD) (the \"Company\") announced today that its board of directors declared cash distributions for the months of October, November and December 2021 and also announced its plan to report earnings for the third quarter ended September 30, 2021.Cash Distributions:Common Stock: $0.125275 cash distribution per common share for each of October, November and December 2021, payable per Table 1 below. The Company has paid 201 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 DistributionOctober 22October 29$0.125275November 19November 30$0.125275December 23December 31$0.125275 Total for the Quarter:$0.375825Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock (\"Senior Common\") for each of October, November and December 2021, payable per Table 2 below. The Company has paid 138 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 DateAmountOctoberNovember 5$0.0875NovemberDecember 6$0.0875DecemberJanuary 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 October, November and December 2021, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol \"GOODN.\" The Company has never skipped, reduced or deferred a monthly Series E Preferred Stock distribution.Table 3: Summary of Series E Preferred Stock cash distributions:Record DatePayment DateCash DistributionOctober 22October 29$0.138021November 19November 30$0.138021December 23December 31$0.138021 Total for the Quarter:$0.414063Series F Preferred Stock: $0.125 cash distribution per share of the Company's 6.00% Series F Preferred Stock (\"Series F Preferred Stock\"...

More updates from Gladstone Commercial Corporation - Real Estate Investment Trust