SmarterDividends
GOOD

Gladstone Commercial (GOOD) Dividend

Gladstone Commercial Corporation · Real Estate · REIT - Diversified · monthly payer

$10.37

Undervalued · +152% Add to Portfolio

As of Nov 5, 2026, Gladstone Commercial (GOOD) pays a monthly dividend of $0.10 per share, or $1.20 a year, a 11.02% yield at its $10.37 share price. The next ex-dividend date is Nov 19, 2026, paid Nov 30, 2026. It has a dividend safety grade of D.

Forward Yield

11.02%

Annual Dividend

$1.20

Payout Ratio

923%

5-Yr Growth

-4.4%

Ex-Date

Nov 19, 2026

Frequency

Monthly

Key facts about GOOD's dividend

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Gladstone Commercial Corporation (GOOD) has a forward dividend yield of 11.02%, based on an annual dividend of $1.20 per share and a share price of $10.37.
  • As of Nov 5, 2026, GOOD's dividend safety grade from SmarterDividends is D (49 out of 100), which rates the dividend as unsafe.
  • GOOD last cut its regular dividend in 2023.
  • GOOD's next ex-dividend date is Nov 19, 2026, with payment on Nov 30, 2026. Shares must be owned before that date to receive the dividend.
  • GOOD's dividend has shrunk at an average rate of 4.4% a year over the past five years.
  • As of Nov 5, 2026, GOOD's 11.02% yield is 35% above its five-year average yield of 8.16%.
  • As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for GOOD is $26.07 per share, 152% above the $10.37 share price, so GOOD screens as undervalued.
  • Gladstone Commercial Corporation (GOOD) pays its dividend monthly, 12 times a year.
  • Gladstone Commercial Corporation (GOOD) has raised its regular dividend 5 times and cut it 2 times across the 267 payments on record since 2003. Its most recent change was a 20.0% cut to $0.100 per share, going ex-dividend on Jan 19, 2023.
Cite this page

SmarterDividends, "GOOD Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/GOOD

Is GOOD a good dividend stock?

Mixed

Gladstone Commercial Corporation (GOOD) pays a monthly dividend yielding 11.02% ($1.20/yr), with 0 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 (923%)
    • 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
    11.02%
    Payout Ratio
    923%
    Annual Dividend
    $1.20
    5-Yr Avg Growth
    -4.4%
    Ex-Dividend Date
    Nov 19, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    1.09
    Market Cap
    $506.1M
    P/E Ratio
    79.7
    5-Yr Total Return
    -49%
    52-Week Range
    $10.33 – $13.28
    Dividend Safety
    D · 49/100
    Ever Cut?
    Yes (2023)

    GOOD dividend raises and cuts

    Gladstone Commercial Corporation (GOOD) has raised its regular dividend 5 times and cut it 2 times across the 267 payments on record since 2003. Its most recent change was a 20.0% cut to $0.100 per share, going ex-dividend on Jan 19, 2023.

    Ex-dateChangeOld → newMove
    Jan 19, 2023Cut$0.125 → $0.100−20.0%
    Jan 18, 2008Raise$0.120 → $0.125+4.2%
    Jan 17, 2006Raise$0.100 → $0.120+20.0%
    Oct 19, 2005Raise$0.0800 → $0.100+25.0%
    Apr 13, 2005Raise$0.0600 → $0.0800+33.3%
    Jan 12, 2005Cut$0.120 → $0.0600−50.0%
    Mar 29, 2004Raise$0.0100 → $0.120+1100.0%
    Every GOOD payment →Download every raise and cut (CSV)
    GOOD ex-dividend date & scheduleNext ex-date Nov 19, 2026 · full ex-dividend historyView →GOOD dividend historyEvery payment, totals by year, raises and cutsView →GOOD dividend calculator100 shares pay $120.00 a year, $10.00 each monthCalculate →GOOD total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

    Frequently Asked Questions

    Is GOOD a good dividend stock?

    Mixed. Gladstone Commercial Corporation (GOOD) pays a monthly dividend yielding 11.02% ($1.20/yr), with 0 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.

    Is GOOD undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, GOOD's fair value is about $26.07 versus a $10.37 share price — so it looks undervalued (+152% vs. fair value).

    Is GOOD's dividend safe?

    GOOD has a dividend-safety grade of D (49/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2023, debt and yield-versus-history.

    What is GOOD's fair value?

    Our blended fair-value estimate for GOOD is about $26.07 per share, roughly 152% above the current $10.37 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is GOOD a buy, hold, or sell?

    We don't issue formal ratings, but on the data GOOD screens as "mixed" and undervalued. Gladstone Commercial Corporation (GOOD) pays a monthly dividend yielding 11.02% ($1.20/yr), with 0 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. This is research for your own analysis, not investment advice.

    Will GOOD cut its dividend?

    GOOD earns a dividend-safety grade of D (49/100), and has cut its dividend before (last in 2023). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does GOOD pay a dividend?

    Yes. Gladstone Commercial Corporation pays a monthly dividend of about $1.20 per share annually, a forward yield of roughly 11.02%.

    How much dividend does 100 shares of GOOD pay?

    At $1.20 per share a year, 100 shares of GOOD pay $120.00 a year in dividends before tax, about $10.00 each month. Buying them costs about $1,037 at the Nov 5, 2026 price.

    What is GOOD's dividend yield?

    As of Nov 5, 2026, GOOD's forward dividend yield is 11.02%, based on a $1.20 annual dividend and a $10.37 share price.

    What is GOOD's dividend per share?

    As of Nov 5, 2026, GOOD pays $1.20 per share per year, distributed on a monthly basis.

    What is GOOD's dividend payout ratio?

    As of Nov 5, 2026, GOOD's payout ratio is 923% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has GOOD grown its dividend?

    GOOD does not currently have a long dividend-growth streak on record.

    When is the next GOOD ex-dividend date?

    As of Nov 5, 2026, the next ex-dividend date on record for GOOD is Nov 19, 2026.

    Income Calculator

    At $1.20 / yr per share

    Per payment (monthly)$10.00
    Annual$120.00
    Monthly avg$10.00
    Full GOOD dividend calculator →

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