Gladstone Commercial Corporation Announces Monthly Cash Distributions for April, May and June 2020 and First Quarter Ended March 31, 2020 Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., April 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 April, May and June 2020 and also announced its plan to report earnings for the first quarter ended March 31, 2020.\n Cash Distributions: Common Stock: $0.12515 cash distribution per common share for each of April, May and June 2020, payable per Table 1 below. The Company has paid 183 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 DistributionApril 24April 30$0.12515May 19May 29$0.12515June 19June 30$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 April, May and June 2020, payable per Table 2 below. The Company has paid 120 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 DateAmountAprilMay 6$0.0875MayJune 5$0.0875JuneJuly 6$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 April, May and June 2020, payable per Table 3 below. The Series D Preferred Stock trades on Nasdaq under the symbol “GOODM.” The Company has paid 47 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 DistributionApril 24April 30$0.1458333May 19May 29$0.1458333June 19June 30$0.1458333 Total for the Quarter:$0.4374999 Series E Preferred Stock: $0.138021 cash distribution per share of the Company’s 6.625% Series E Preferred Stock (“Series E Preferred Stock”) for eac...

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