Gladstone Commercial Corporation Sets Three $0.10 Monthly Payments for Fourth Quarter

Gladstone Commercial Corporation's board declared $0.10 monthly cash distributions on its common stock for October, November and December, totaling $0.30 per share over the fourth quarter.

The October payment is scheduled for Oct. 30 for shareholders of record Oct. 23. November's distribution is payable Nov. 30 to holders of record Nov. 19, while December's is due Dec. 31 for holders of record Dec. 21.

The company counted 261 consecutive months of distributions to common shareholders as of its Oct. 13 announcement.

Gladstone Commercial is a real estate investment trust focused on net-leased industrial and office properties across the United States. As of June 30, its portfolio included 151 properties in 27 states, covering about 17.7 million square feet.