Gladstone Commercial's Ex-Dividend Date Is Thursday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gladstone Commercial (NASDAQ:GOOD) announced it will pay shareholders 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 who own GOOD as of the end of Wednesday's session are eligible to receive the dividend payout. The dividend will be paid out on October 31, 2023.
October 16, 2023 | 2:45 pm
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Gladstone Commercial's stock will likely open lower on Thursday due to the ex-dividend date. Shareholders as of Wednesday's session end are eligible for the 10 cents per share dividend.
The ex-dividend date is the deadline to buy shares and still receive the declared dividend. After this date, the stock price typically drops by the amount of the dividend to reflect the payout, which is why the score is -1. However, this is a regular event for dividend-paying stocks and does not reflect negatively on the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100