GOODO Profile
Gladstone Commercial Corporation (GOOD) is a publicly traded real estate investment trust that invests in net leased industrial, commercial, and retail real estate properties throughout the United States. The company's portfolio comprises over 120 properties, totaling approximately 15 million square feet, leased to a diverse group of tenants including government agencies, financial institutions, healthcare providers, and manufacturers.
Gladstone Commercial Corporation primarily focuses on long-term, triple net leases, providing a predictable source of rental income. The company has a strong dividend history, paying consistent dividends with a current annual yield of approximately 5.2%. In 2021, the company reported total revenues of $158.6 million and net income of $17.4 million.
As of February 18, 2023, Gladstone Commercial Corporation had a market capitalization of around $1.1 billion, and its stock was listed on the NASDAQ stock exchange under the symbol GOOD. Overall, the company's diversified portfolio and focus on stable, long-term leases may make it an attractive investment opportunity for income-oriented investors looking to invest in the real estate sector.
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