Gladstone Commercial's Series B Preferred Stock Shares Cross 7.5% Yield Mark
August 28, 2015 at 14:22 PM EDT
In trading on Friday, shares of Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (GOODO) were yielding above the 7.5% mark based on its monthly dividend (annualized to $1.875), with shares changing hands as low as $24.99 on the day. This compares to an average yield of 7.19% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..
