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Gladstone Commercial Corp Preferred Series G
20.4301
+0.0301 (+0.15%)
Last Update: 01 Jul 2025 23:00:00
Yesterday: 20.4
Day's Range: 20.42 - 20.59
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When Written:
18.55
Gladstone Commercial Corp Preferred Series G is a type of preferred stock issued by Gladstone Commercial Corporation, a real estate investment trust (REIT) that invests in and owns net leased industrial and commercial real estate properties. The preferred stock is listed on the NASDAQ stock exchange under the ticker symbol GOODN.
The Preferred Series G stock has a par value of $25 and pays a fixed quarterly dividend of $0.4375 per share. The dividend rate is fixed until June 30, 2025, after which it may be reset based on prevailing market rates.
The stock has no maturity date and is perpetual, meaning that it does not have a fixed date for redemption. However, Gladstone Commercial Corp has the option to redeem the stock at any time after June 30, 2025, at a redemption price of $25 per share.
Investors who hold Preferred Series G stock have priority over common stockholders in terms of receiving dividends and in the event of liquidation. The stock is also convertible into common stock at the option of the holder, with a conversion ratio of 1.2 shares of common stock for each share of Preferred Series G stock.
Overall, Gladstone Commercial Corp Preferred Series G is a relatively safe investment option for investors looking for a steady stream of income with relatively low risk. However, as with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The Preferred Series G stock has a par value of $25 and pays a fixed quarterly dividend of $0.4375 per share. The dividend rate is fixed until June 30, 2025, after which it may be reset based on prevailing market rates.
The stock has no maturity date and is perpetual, meaning that it does not have a fixed date for redemption. However, Gladstone Commercial Corp has the option to redeem the stock at any time after June 30, 2025, at a redemption price of $25 per share.
Investors who hold Preferred Series G stock have priority over common stockholders in terms of receiving dividends and in the event of liquidation. The stock is also convertible into common stock at the option of the holder, with a conversion ratio of 1.2 shares of common stock for each share of Preferred Series G stock.
Overall, Gladstone Commercial Corp Preferred Series G is a relatively safe investment option for investors looking for a steady stream of income with relatively low risk. However, as with any investment, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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