Gladstone Commercial: Dividend Insights
Portfolio Pulse from Benzinga Insights
Gladstone Commercial (NASDAQ:GOOD) announced it will pay a monthly dividend of 10 cents per share. The stock will go ex-dividend on Thursday, meaning it will likely open 10 cents lower. Shareholders owning GOOD as of the end of Wednesday's session will be eligible for the dividend payout. The dividend will be paid out on July 31, 2023.
July 17, 2023 | 2:46 pm
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NEUTRAL IMPACT
Gladstone Commercial's announcement of a 10 cents per share dividend may cause the stock to open lower on the ex-dividend date. However, this is a regular part of the dividend process and not necessarily a negative indicator.
When a company announces a dividend, the stock price typically adjusts down on the ex-dividend date by the amount of the dividend. This is a standard process and does not necessarily indicate a negative outlook for the stock. Investors who hold the stock until the ex-dividend date will receive the dividend, which they can reinvest or use as they wish.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100