Gladstone Commercial Corporation Announces Monthly Cash Distributions for July, August and September 2020 and Second Quarter Ended June 30, 2020 Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., July 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 July, August and September 2020 and also announced its plan to report earnings for the second quarter ended June 30, 2020.\n Cash Distributions: Common Stock: $0.12515 cash distribution per common share for each of July, August and September 2020, payable per Table 1 below. The Company has paid 186 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 DistributionJuly 24July 31$0.12515August 24August 31$0.12515September 23September 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 July, August and September 2020, payable per Table 2 below. The Company has paid 123 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 DateAmountJulyAugust 5$0.0875AugustSeptember 4$0.0875SeptemberOctober 5$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 July, August and September 2020, payable per Table 3 below. The Series D Preferred Stock trades on Nasdaq under the symbol “GOODM.” The Company has paid 50 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 DistributionJuly 24July 31$0.1458333August 24August 31$0.1458333September 23September 30$0.1458333 Total for the Quarter:$0.4374999 Series E Preferred Stock: $0.138021 cash distribution per share of the Compa...

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