Gladstone Commercial Series B Cumulative Redeemable Preferred Stock About To Put More Money In Your Pocket

On 2/16/16, Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (GOODO) will trade ex-dividend, for its monthly dividend of $0.1562, payable on 2/29/16. As a percentage of GOODO's recent share price of $25.30, this dividend works out to approximately 0.62%, so look for shares of GOODO to trade 0.62% lower all else being equal when GOODO shares open for trading on 2/16/16..