Ru Back Packer

Quotes delayed 20 minutes

If the video does not load after a few moments, Upgrade to the Latest Flash Player.
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 Ru Back Packer Staff, updated Sunday, January 28, 9:44 AM

Slide #113. 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 an externally-advised real estate investment trust focused on acquiring, owning, and managing primarily office and industrial properties. On a selective basis, Co. may make long term industrial and commercial mortgage loans. As of Feb 15 2017, Co. owned 95 properties in 24 states. Co. conducts substantially all of its activities, including the ownership of all of its properties, through its operating partnership, Gladstone Commercial Limited Partnership. Co.'s business is managed by its external adviser, Gladstone Management Corporation and administrative services are provided by Gladstone Administration, LLC.


Open the GOOD Page at Ru Back Packer »

Name: Gladstone Commercial Corp
Sector: REITs
Number of ETFs Holding GOOD: 19 (see which ones)
Total Market Value Held by ETFs: $59,122,481
Total Market Capitalization: $550,000,000
% of Market Cap. Held by ETFs: 10.75%

Open the GOOD Page at Ru Back Packer (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 Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500

Preferred Stock Offerings - Slide 113 of 414 | | Copyright © 2011 - 2018, All Rights Reserved