Gladstone Commercial (GOOD) Releases Quarterly Earnings Results
Gladstone Commercial (NASDAQ:GOOD) released its earnings data on Tuesday. The company reported $0.01 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.03) by $0.04, AnalystRatingsNetwork reports. The company had revenue of $18.39 million for the quarter, compared to the consensus estimate of $17.28 million.
Gladstone Commercial (NASDAQ:GOOD) traded down 0.51% on Tuesday, hitting $17.53. The stock had a trading volume of 72,364 shares. Gladstone Commercial has a 52 week low of $16.84 and a 52 week high of $19.09. The stock’s 50-day moving average is $17.64 and its 200-day moving average is $17.66. The company’s market cap is $282.3 million.
The company also recently declared a monthly dividend, which is scheduled for Tuesday, September 30th. Shareholders of record on Friday, September 19th will be given a dividend of $0.125 per share. This represents a $1.50 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Wednesday, September 17th.
Gladstone Commercial Corporatio is a real estate investment trust (NASDAQ:GOOD).
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