Gladstone Commercial Corporation
GOODReal Estate · Stock · monthly payer
$12.61
Add to PortfolioForward Yield
9.51%
Annual Dividend
$1.20
Payout Ratio
667%
5-Yr Growth
-4.4%
Ex-Date
Jun 23, 2026
Frequency
Monthly
GOOD Dividend Safety Score
47/ 100
Grade D
Risky
Dividend-growth streak2 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage667% of earnings paid out
Balance-sheet strengthDebt/equity of 2.53
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is GOOD a good dividend stock?
MixedGladstone Commercial Corporation (GOOD) pays a monthly dividend yielding 9.51% ($1.20/yr), with 2 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Elevated payout ratio (667%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 9.51%
- Payout Ratio
- 667%
- Annual Dividend
- $1.20
- 5-Yr Avg Growth
- -4.4%
- Ex-Dividend Date
- Jun 23, 2026
- Years of Growth
- 2
- Frequency
- monthly
- Beta
- 1.07
- Market Cap
- $615.7M
- P/E Ratio
- 70.1
- 5-Yr Total Return
- -44%
- 52-Week Range
- $10.33 – $15.03
- Dividend Safety
- D · 47/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 20, 2026 | — | $0.1000 | regular |
| Apr 24, 2026 | — | $0.1000 | regular |
| Mar 23, 2026 | — | $0.1000 | regular |
| Feb 18, 2026 | — | $0.1000 | regular |
| Jan 23, 2026 | — | $0.1000 | regular |
| Dec 22, 2025 | — | $0.1000 | regular |
| Nov 17, 2025 | — | $0.1000 | regular |
| Oct 24, 2025 | — | $0.1000 | regular |
| Sep 22, 2025 | — | $0.1000 | regular |
| Aug 20, 2025 | — | $0.1000 | regular |
| Jul 21, 2025 | — | $0.1000 | regular |
| Jun 20, 2025 | — | $0.1000 | regular |
| May 21, 2025 | — | $0.1000 | regular |
| Apr 21, 2025 | — | $0.1000 | regular |
Income Calculator
At $1.20 / yr per share
Per payment (monthly)$10.00
Annual$120.00
Monthly avg$10.00
