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Gladstone Commercial 7% Series D Cumulative Redeemable Preferred Stock

By: ,

Date Issued  5/25/2016

Shares Issued  1.043,725    Overallotment  None

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   GOODM

Market Traded ON   NASDAQ

Dividend Payment Paid on the last day of the month beginning on 06/30/2016

Monthly Dividend   .146   Annual Dividend   1.75

Securities may be redeemed, at the issuers option, as early as 05/25/2021 for $25 plus accrued dividends.

Dividend Payment Will NOT BE Qualified Distributions.  Preferred stock dividends of Real Estate Investment Trusts (REITs) are not eligible for the qualified tax rate.  Because the REIT generally pays no federal taxes (if they follow the rules) there is no incremental tax break for the individual holders.

Maturity Date   None

 

Company Investor Relations Page for Gladstone Commercial Corp

Click Here to find the offering Prospectus and/or Final Pricing Document

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