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Gladstone Commercial's Series B Preferred Stock Shares Cross 7% Yield Mark

In trading on Monday, shares of Gladstone Commercial Corp's 7.50% Series B Cumulative Redeemable Preferred Stock (GOODO) were yielding above the 7% mark based on its monthly dividend (annualized to $1.875), with shares changing hands as low as $26.15 on the day. This compares to an average yield of 7.03% in the "Real Estate" preferred stock category, according to Preferred Stock Channel..
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