Press release
Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for its First Quarter Ended March 31, 2024
MCLEAN, VA / ACCESSWIRE / April 9, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared

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[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / April 9, 2024 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the \"Company\") announced today that its board of directors declared cash distributions for the months of April, May and June 2024 and also announced its plan to report earnings for the first quarter ended March 31, 2024.Cash Distributions:Common Stock: $0.10 cash distribution per common share for each of April, May and June 2024, payable per Table 1 below. The Company has paid 231 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions.Table 1: Summary of common stock cash distributions:Record DatePayment DateCash DistributionApril 19April 30$0.10May 17May 31$0.10June 19June 28$0.10 Total for the Quarter:$0.30Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock (\"Senior Common\") for each of April, May and June 2024, payable per Table 2 below. The Company has paid 168 consecutive monthly cash distributions on its Senior Common.Table 2: Summary of Senior Common cash distributions:Payable to Holders of Record During the Month of:Payment DateAmountAprilMay 6$0.0875MayJune 5$0.0875JuneJuly 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 April, May and June 2024, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol \"GOODN.\" The Company has paid 45 consecutive monthly cash distributions on its Series E Preferred Stock.Table 3: Summary of Series E Preferred Stock cash distributions:Record DatePayment DateCash DistributionApril 19April 30$0.138021May 17May 31$0.138021June 19June 28$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\") for each of April, May and June 2024, payable per Table 4 below. The Series F Preferred Stock is not listed on a national securities exchange.Table 4: Summary of Series F Preferred Stock cash distributions:Record DatePayment DateCash DistributionApril 22May 3$0.125May 23June 5$0.125June 25July 5$0.125 Total for the Quarter:$0.375The Company offers a divide...
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