Gladstone Commercial's Series C Preferred Stock Shares Cross 7% Yield Mark

In trading on Monday, shares of Gladstone Commercial Corp's 7.125% Series C Cumulative Term Preferred Stock (GOODN) were yielding above the 7% mark based on its monthly dividend (annualized to $1.7812), with shares changing hands as low as $25.40 on the day. This compares to an average yield of 7.21% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..