Gladstone Commercial Corporation Announces Monthly Cash Distributions for January, February and March 2025 and Earnings Release and Conference Call Dates for its Fourth Quarter Ended December 31, 2024
ACCESS Newswire · Gladstone Commercial Corporation

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Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of January, February and March 2025 and also announced its plan to report earnings for the fourth quarter ended December 31, 2024.

Cash Distributions:

Common Stock: $0.10 cash distribution per common share for each of January, February and March 2025, payable per Table 1 below. The Company has paid 240 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions.

Table 1: Summary of common stock cash distributions:

Record Date

Payment Date

Cash Distribution

January 24

January 31

$

0.10

February 19

February 28

$

0.10

March 19

March 31

$

0.10

Total for the Quarter:

$

0.30

Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock ("Senior Common") for each of January, February and March 2025, payable per Table 2 below. The Company has paid 177 consecutive monthly cash distributions on its Senior Common.

Table 2: Summary of Senior Common cash distributions:

Payable to Holders of Record During the Month of:

Payment Date

Amount

January

February 5

$

0.0875

February

March 5

$

0.0875

March

April 4

$

0.0875

Total for the Quarter:

$

0.2625

Series E Preferred Stock: $0.138021 cash distribution per share of the Company's 6.625% Series E Preferred Stock ("Series E Preferred Stock") for each of January, February and March 2025, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol "GOODN."

Table 3: Summary of Series E Preferred Stock cash distributions:

Record Date

Payment Date

Cash Distribution

January 24

January 31

$

0.138021

February 19

February 28

$

0.138021

March 19

March 31

$

0.138021

Total for the Quarter:

$

0.414063

Series F Preferred Stock: $0.125 cash distribution per share of the Company's 6.00% Series F Preferred Stock ("Series F Preferred Stock") for each of January, February and March 2025, payable per Table 4 below. The Series F Preferred Stock is not listed on a national securities exchange.

Table 4: Summary of Series F Preferred Stock cash distributions:

Record Date

Payment Date

Cash Distribution

January 27

February 5

$

0.125

February 25

March 5

$

0.125

March 26

April 4

$

0.125

Total for the Quarter:

$

0.375

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders and Series F Preferred stockholders. For more information regarding the DRIP, please visit www.gladstonecommercial.com.