Preferred Stock Channel
Quotes delayed 20 minutes


Strong Buy (3.55 out of 4)
70th percentile
(ranked higher than approx. 70% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com
www.valueforum.com/7/
Free Preferred Stock Newsletter
Gain access to weekly reports with featured preferred stock screens, new preferred stock offerings, and more.

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Tuesday, March 31, 4:53 AM

Slide #184. Gladstone Commercial Corporation Preferred Stock Offering

Company: Gladstone Commercial Corporation (NASDAQ:GOOD)
Date announced: 8/1/2016
Shares Offered: 1,230,000
Date of Pricing: 8/2/2016
Price Per Share: $50.73
Preferred Stock Offering Details: Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") today announced that it plans to sell shares of its 7.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Preferred Stock") in a registered direct placement. -updated 8/2- Gladstone Commercial Corporation (NASDAQ:GOOD) (the "Company") today announced the pricing of a registered direct placement of 1,230,000 shares of its 7.0% Series D Cumulative Redeemable Preferred Stock (the "Series D Preferred Stock") to select institutional and retail investors. 1,267,968 shares of Series D Preferred Stock were outstanding prior to this offering and 2,497,968 shares of Series D Preferred Stock will be outstanding following the offering, representing an aggregate liquidation value of $62.4 million. The Series D Preferred Stock ranks on parity with the Company's outstanding 7.75% Series A Cumulative Redeemable Preferred Stock, 7.5% Series B Cumulative Redeemable Preferred Stock and 7.125% Series C Cumulative Term Preferred Stock. Shares of the Series D Preferred Stock are listed on NASDAQ's Global Select Market under the trading symbol "GOODM."

Gladstone Commercial is a holding company, engaged in a real estate investment trust. Co. focuses on acquiring, owning, and managing primarily office and industrial properties. On a selective basis, Co. may make long term industrial and office mortgage loans. Co.'s properties are geographically diversified and its tenants cover a range of business sectors and size from small to large private and public companies. Co. conducts substantially all of its business activities through an Umbrella Partnership Real Estate Investment Trust structure, by which all of Co.'s properties are held, directly or indirectly, by Gladstone Commercial Limited Partnership.

Preferreds: GOODP, GOODN, GOODO


Open the GOOD Page at Preferred Stock Channel »

Name:  Gladstone Commercial Corp
Website:  www.GladstoneCommercial.com
Sector:  REITs
Number of ETFs Holding GOOD:  21 (see which ones)
Total Market Value Held by ETFs:  $61,114,858
Total Market Capitalization:  $451,000,000
% of Market Cap. Held by ETFs:  13.55%
 

Open the GOOD Page at Preferred Stock Channel (in a new window) »

Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 184 of 483 | www.PreferredStockChannel.com | Copyright © 2011 - 2020, All Rights Reserved

Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.