Gladstone Commercial's Ex-Dividend Date Is Monday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Gladstone Commercial (NASDAQ:GOOD) will go ex-dividend on Monday, with shareholders as of Friday's close eligible for a monthly dividend of 10 cents per share, payable on January 31, 2024. The stock is expected to open 10 cents lower on Monday to reflect the dividend payout.
January 17, 2024 | 2:45 pm
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Gladstone Commercial will pay a monthly dividend of 10 cents per share, with the ex-dividend date set for Monday. The stock is likely to open lower by the dividend amount on that day.
The stock price of Gladstone Commercial is expected to decrease in the short term by the amount of the dividend, as stocks typically drop by the dividend amount on the ex-dividend date. This is a common occurrence and is factored into the price by market participants.
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