Gladstone Commercial Corporation has scheduled three fourth-quarter payments for common shareholders, each at $0.10 a share, producing a total distribution of $0.30 per share over the quarter.
The U.S. real estate investment trust focuses on industrial and office properties leased on a net basis. In its Oct. 13 announcement, the company said monthly distributions to common shareholders had continued for 261 straight months. As of June 30, the trust’s holdings spanned 151 properties in 27 states and about 17.7 million square feet.
Shareholders of record on Oct. 23, Nov. 19 and Dec. 21 are due the respective payments on Oct. 30, Nov. 30 and Dec. 31.
