|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||25.00 - 25.02|
|52 Week Range||24.21 - 26.90|
|Beta (5Y Monthly)||1.02|
|PE Ratio (TTM)||1,042.08|
|Forward Dividend & Yield||1.75 (7.00%)|
|Ex-Dividend Date||Jun 17, 2021|
|1y Target Est||N/A|
Real estate investors, especially of the conservative bent, attracted by dividend payouts can get three times the pleasure -- at least in quantity -- each year if they buy stock in equities that pay monthly instead of quarterly. There are a lot of real estate investment trusts (REITs) on the roster of stocks that pay monthly dividends, and understandably so since that's what REITs are required to do to, well, be REITs. Here are three monthly dividend REITs to consider in July.
Gladstone Commercial (GOOD) announces six-year lease extension with Yanfeng on decent demand for its industrial properties.
Real estate investment trust Gladstone Commercial (GOOD) has priced an underwritten offering of four million Series G preferred shares at $25 per share. This will help the company raise $96.7 million in net proceeds. The preferred shares with a coupon rate of 6% are estimated to be delivered on June 28. Gladstone plans to use the funds raised to optionally redeem its outstanding 7% Series D preferred stock. Any remaining funds will be utilized towards repaying Gladstone’s credit facility and for