Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2019 and Third Quarter Ended September 30, 2019 Earnings Release and Conference Call Dates

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[{"type":"text","content":"MCLEAN, Va., Oct. 08, 2019 (GLOBE NEWSWIRE) -- 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 2019 and also announced its plan to report earnings for the third quarter ended September 30, 2019.\n Cash Distributions: Common Stock: $0.125 cash distribution per common share for each of October, November and December 2019, payable per Table 1 below. The Company has paid 177 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 31$0.125November 19November 29$0.125December 19December 31$0.125 Total for the Quarter:$0.375 Senior Common Stock: $0.0875 cash distribution per share of the Company’s senior common stock (“Senior Common”) for each of October, November and December 2019, payable per Table 2 below. The Company has paid 114 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 7$0.0875NovemberDecember 6$0.0875DecemberJanuary 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 October, November and December 2019, payable per Table 3 below. The Series D Preferred Stock trades on NASDAQ under the symbol “GOODM.” The Company has paid 41 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 DistributionOctober 22October 31$0.1458333November 19November 29$0.1458333December 19December 31$0.1458333 Total for the Quarter:$0.4374999 Series E Preferred Stock: Cash distribution p...

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