Gladstone Commercial owns industrial and office buildings leased to businesses. Tenant rent pays the property's running costs first, then financing and company expenses, before the monthly common distribution is supported.
Business
Net-lease REIT
Listing
GOOD · NASDAQ
Reporting period
2026-06-30
Dividend schedule
Monthly
How the business works
Gladstone earns rent from net-leased industrial and office buildings. Rent collection, occupancy and lease renewals shape revenue, while financing and company costs determine Core FFO left for common shareholders. The June 2026 report listed 151 properties.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Core FFO$0.38
Apr 1, 2026 to Jun 30, 2026
Dividend yield9.93%Current regular dividend rate divided by the 2026-10-26 closing price.Earnings yield12.00%2025 Q3 through 2026 Q2 earnings divided by the dated closing price.Trailing four-quarter earnings$1.452025 Q3 through 2026 Q2; Core FFO.Annual dividend rate$1.20The latest regular payment rate expressed over a year. Extra dividends are excluded; future payments can change.Reported annual coverage120.83%Earnings and regular dividends from 2025 Q3 through 2026 Q2.
Dividend payment history
Date or month
Per share
Sep 21, 2026 (ex-dividend)
$0.10
Aug 18, 2026 (ex-dividend)
$0.10
Jul 24, 2026 (ex-dividend)
$0.10
Jun 23, 2026 (ex-dividend)
$0.10
May 20, 2026 (ex-dividend)
$0.10
Apr 24, 2026 (ex-dividend)
$0.10
Mar 23, 2026 (ex-dividend)
$0.10
Feb 18, 2026 (ex-dividend)
$0.10
Jan 23, 2026 (ex-dividend)
$0.10
Dec 22, 2025 (ex-dividend)
$0.10
Nov 17, 2025 (ex-dividend)
$0.10
Reported earnings and sources
Reported earnings for the latest four periods. Compare the same earnings measure across periods; different measures are not added together.
Reported GAAP diluted earnings per common share; actual reporting period, not annualized$0.1100
June-quarter Core FFO was $0.38 per common share and operating-partnership unit against $0.30 of common distributions declared in the quarter. A lease termination fee helped Core FFO, so do not read the reported increase as rent growth alone.
Property rent or mortgage-related income, less operating and financing costs, supplies cash resources. Realized gains, noncash accounting and taxable income can differ materially from cash available for dividends.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
At 2026-06-30, Gladstone Commercial Corporation reported $1.243 billion of total assets and $915.443 million of total liabilities.
Liabilities represented 73.6% of reported assets. This broad balance-sheet measure includes more than borrowing and must not be read as a debt-to-equity ratio. Funding costs and asset losses can both reduce the earnings available to shareholders.
For 2026-04-01 to 2026-06-30, Gladstone Commercial Corporation reported $43.989 million of reported revenue, $8.266 million of gaap net income.
Each bar is a separately reported statement measure for the same quarter; the bars are not additive. GAAP net income is not substituted for distributable earnings or funds from operations. A maintained dividend must be assessed against the company’s relevant recurring earnings measure and financing requirements.
Gladstone Commercial Corporation reported $0.1100 per share for 2026-04-01 to 2026-06-30, measured as Reported GAAP diluted earnings per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Income and capital are exposed to tenant credit, office exposure and borrowing costs.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Higher borrowing costs or reduced access to capital can weaken cash available to common shareholders.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Compare next quarter's Core FFO and common distributions. Then look at rent collection, occupancy, lease renewals and any one-time fees to see what carried the payment.
Fly High context
Gladstone's buildings are producing an income stream that exceeded the June common payment on the reported Core FFO measure. The useful next question is whether ordinary rent keeps doing the work after a lease termination fee helped this quarter. That is where we will focus when the next filing arrives.
Public Research notes and limitations
The reported earnings figure retains its actual reporting period and is not annualized.
Final year-end tax reporting determines ordinary income, qualified dividends where applicable, capital gains and return of capital. Tax status alone does not classify every dollar paid.
Marketstack historical dividend-chart amounts are rounded to cents and are not a payment forecast.
The company 2025 Form 10-K gives the common-share tax-character percentages.
Total ordinary dividends
28.58%
Qualified dividends
Not confirmed
Capital-gain distributions
0%
Return of capital
71.42%
Tax year: 2025.
Tax details and source
Total ordinary dividends (includes qualified)
28.58%
Section 199A portion (within ordinary dividends)
Not confirmed
Exempt-interest distributions
0%
Reporting form
Form 1099-DIV
Source date
2026-02-18
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
