Gladstone Commercial Corp 7.75% Cumulative Preferred Stock Monthly Pay

By: ,

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   GOODP

Market Traded ON   NASDAQ

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Dividend Payment Paid on the last day of the month beginning on 02/28/2006

Monthly Dividend   .162   Annual Dividend   1.938

Securities may be redeemed, at the issuers option, as early as 01/30/2011

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

Below you can find the offering Prospectus and Final Pricing Document

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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