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Gladstone Commercial (Gladstone Commercial) 3-Year Dividend Growth Rate

: -7.20% (As of Dec. 2023)
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Gladstone Commercial's Dividends per Share for the three months ended in Dec. 2023 was $0.30.

The historical rank and industry rank for Gladstone Commercial's 3-Year Dividend Growth Rate or its related term are showing as below:

GOOD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -7.2   Med: 1.4   Max: 424.1
Current: -7.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gladstone Commercial was 424.10% per year. The lowest was -7.20% per year. And the median was 1.40% per year.

GOOD's 3-Year Dividend Growth Rate is ranked worse than
80.43% of 506 companies
in the REITs industry
Industry Median: 2.1 vs GOOD: -7.20

During the past 12 months, Gladstone Commercial's average Dividends Per Share Growth Rate was -20.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -7.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Gladstone Commercial's Dividend Payout Ratio for the three months ended in Dec. 2023 was 10.71. As of today, Gladstone Commercial's Dividend Yield % is 9.17%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gladstone Commercial Corp is 1200.00, which seems too high.

Warning Sign:

Gladstone Commercial Corp stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the REIT - Diversified subindustry, Gladstone Commercial's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gladstone Commercial 3-Year Dividend Growth Rate Distribution

For the REITs industry and Real Estate sector, Gladstone Commercial's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gladstone Commercial's 3-Year Dividend Growth Rate falls into.



Gladstone Commercial 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Gladstone Commercial  (NAS:GOOD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Gladstone Commercial's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.3/ 0.028
=10.71

During the past 13 years, the highest Dividend Payout Ratio of Gladstone Commercial was 1505.00. The lowest was 16.69. And the median was 50.00.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Gladstone Commercial Corp is 1200.00, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Gladstone Commercial Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1002024-03-202024-03-212024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-02-202024-02-212024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002024-01-222024-01-232024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-12-152023-12-182023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-11-172023-11-202023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-10-192023-10-202023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-09-202023-09-212023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-08-222023-08-232023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-06-202023-06-212023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1002023-04-202023-04-212023-04-28Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gladstone Commercial's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.2/13.15
=9.13 %

Current Share Price is $13.15.
Gladstone Commercial's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.2.

During the past 13 years, the highest Dividend Yield of Gladstone Commercial was 15.72%. The lowest was 5.82%. And the median was 8.15%.

Warning Sign:

Gladstone Commercial Corp stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gladstone Commercial 3-Year Dividend Growth Rate Related Terms>


Gladstone Commercial (Gladstone Commercial) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Commercial Corp is a real estate investment trust, which engages in investing and owning net leased industrial, commercial, and retail real property and making long-term industrial and commercial mortgage loans. Its portfolio consists of single-tenant commercial, industrial real properties, and medical properties nationwide. Its principal investment objectives are to generate income from rental properties.
Executives
Gary Gerson officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22207
Jay Beckhorn officer: Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Arthur S. Cooper officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Elliott Jr Wislar officer: Chief Investment Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Robert G Cutlip officer: President C/O HIGHWOODS PROPERTIES, 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Sodo officer: CFO 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Advisor 1521 WESTBRANCH DR., MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
George Iii Stelljes director, officer: EVP, Chief Investment Officer C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102

Gladstone Commercial (Gladstone Commercial) Headlines

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