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Gladstone Commercial Corp. Message Board

  • dar200 dar200 Feb 19, 2013 4:53 PM Flag

    Decent report

    Much more info in 10-K.

    Dividend is safe, imo, because Gladstone will eat as much in fees as he needs to make ffo sufficient to pay 1.50 per year and also meet bank covenants.

    Problem still is vacant buildings. Gotta rent or sell, imo, to stop bleeding the expenses of carrying.

    Otherwise, this stock is a snoozer. Go to sleep and collect your dividends, mostly tax deferred.

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