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GOODN

22.15000 USD
0.04
0.18%
Last update May 9, 2:04 PM EDT
Pre-market
Day range
22.030001
22.15500
Previous close
22.11000
Open
22.11000
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Gladstone Commercial Corporation Preferred St...
22.15
0.04
0.18%

Overview

Description

Gladstone Commercial Corporation Preferred Stock 6.625% Perpetual is a type of equity security that represents fractional ownership in Gladstone Commercial Corporation, a real estate investment trust (REIT). This preferred stock offers investors a fixed dividend rate of 6.625% annually, paid on a perpetual basis, meaning there is no maturity date. As a preferred stock, it typically holds priority over common stock in terms of dividend payments and asset distribution in the event of liquidation. In the financial markets, this type of security can appeal to income-focused investors seeking steady cash flows due to its fixed dividend feature. By investing in commercial real estate properties across the United States, Gladstone Commercial plays a significant role in the commercial property sector, providing stable rental income supported by long-term lease agreements. The preferred stock structure, coupled with its perpetual nature, makes it a unique and potentially attractive option for those looking for consistent income, while adhering to the characteristics of a traditional preferred share.

About

CEO
Mr. David John Gladstone
Employees
0
Address
1521 Westbranch Drive
Suite 100
McLean, 22102-3211, VA
United States
Phone
703 287 5800
Instrument type
Preferred stock
Sector
Real Estate
Industry
REIT - Diversified
Country
United States
MIC code
XNGS
Pre-market

Exchange is currently open for pre-market.
Main market opens in 2 days 4 hours 37 minutes

04:52
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).