This common stock yields 8.72%, and it has two preferred with yields of 6.59% to 6.94%. All three pay monthly. Q1-2 revenue rose 19%, FFO rose 14.5%, EBITDA rose 7.67%. Its biggest geographic concentration is in the Southeast and Southwest, at 33% and 27%, respectively. Office, 53%, and Industrial, 43%, comprise the lion's share of its property types.
Gladstone Commercial (GOOD) is a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties across the US. As of June 30, 2020, Gladstone Commercial’s real estate portfolio consisted of 122 properties located in 28 states, totaling approximately 15.1 million square feet. (GOOD site)
Source: Seeking Alpha
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Monthly Payer, 7%-8.7% Yields, GOOD Q1-Q2 Growth
Posted by D4L | Wednesday, November 11, 2020 | ArticleLinks | 0 comments »________________________________________________________________
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