Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2022 and Third Quarter Ended September 30, 2022 Earnings Release and Conference Call Dates

Gladstone Commercial Corporation (Nasdaq: GOOD) has declared cash distributions for its common stock, senior common stock, preferred stock, and Series E and F preferred stock for October, November, and December 2022.

Rhea-AI Summary

Gladstone Commercial Corporation (Nasdaq: GOOD) has declared cash distributions for its common stock, senior common stock, preferred stock, and Series E and F preferred stock for October, November, and December 2022. The cash distribution per common share is $0.1254 monthly, maintaining a record of 213 consecutive monthly payouts. Additionally, the company plans to report its third-quarter earnings on November 7, 2022, followed by a conference call on November 8, 2022. As of June 30, 2022, its portfolio comprises 136 properties across 27 states, totaling approximately 17.0 million square feet.

Positive

• Declared monthly cash distribution of $0.1254 per common share for Q4 2022.
• Maintained 213 consecutive months of cash distributions without deferral or reduction.
• Plans to report Q3 earnings on November 7, 2022, indicating ongoing financial transparency.

Negative

• None.

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MCLEAN, VA / ACCESSWIRE / October 11, 2022 / Gladstone Commercial Corporation (Nasdaq:GOOD) (the "Company") announced today that its board of directors declared cash distributions for the months of October, November and December 2022 and also announced its plan to report earnings for the third quarter ended September 30, 2022.

Cash Distributions:

Common Stock: $0.1254 cash distribution per common share for each of October, November and December 2022, payable per Table 1 below. The Company has paid 213 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid five consecutive quarterly cash distributions. The Company has never skipped, reduced or deferred a monthly or quarterly common stock distribution since its inception in 2003.

Table 1: Summary of common stock cash distributions:

Record Date	Payment Date	Cash Distribution
October 21	October 31	$0.1254
November 18	November 30	$0.1254
December 20	December 30	$0.1254
	Total for the Quarter:	$0.3762

Senior Common Stock: $0.0875 cash distribution per share of the Company's senior common stock ("Senior Common") for each of October, November and December 2022, payable per Table 2 below. The Company has paid 150 consecutive monthly cash distributions on its Senior Common. The Company has never skipped, reduced or deferred a monthly Senior Common distribution.

Table 2: Summary of Senior Common cash distributions:

Payable to Holders of Record During the Month of:	Payment Date	Amount
October	November 4	$0.0875
November	December 5	$0.0875
December	January 6	$0.0875
Total for the Quarter:		$0.2625

Series E Preferred Stock: $0.138021 cash distribution per share of the Company's 6.625% Series E Preferred Stock ("Series E Preferred Stock") for each of October, November and December 2022, payable per Table 3 below. The Series E Preferred Stock trades on Nasdaq under the symbol "GOODN." The Company has paid 27 consecutive monthly cash distributions on its Series E Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series E Preferred Stock distribution.

Table 3: Summary of Series E Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
October 21	October 31	$0.138021
November 18	November 30	$0.138021
December 20	December 30	$0.138021
	Total for the Quarter:	$0.414063

Series F Preferred Stock: $0.125 cash distribution per share of the Company's 6.0% Series F Preferred Stock ("Series F Preferred Stock") for each of October, November and December 2022, payable per Table 4 below. The Series F Preferred Stock is not listed on a national securities exchange. The Company has never skipped, reduced or deferred a monthly Series F Preferred Stock distribution.

Table 4: Summary of Series F Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
October 26	November 4	$0.125
November 23	December 5	$0.125
December 28	January 6	$0.125
	Total for the Quarter:	$0.375

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders and Series F Preferred stockholders. For more information regarding the DRIP, please visit www.gladstonecommercial.com.

Series G Preferred Stock: $0.125 cash distribution per share of the Company's 6.00% Series G Preferred Stock ("Series G Preferred Stock") for each of October, November and December 2022, payable per Table 5 below. The Series G Preferred Stock trades on Nasdaq under the symbol "GOODO." The Company has never skipped, reduced or deferred a monthly Series G Preferred Stock distribution.

Table 5: Summary of Series G Preferred Stock cash distributions:

Record Date	Payment Date	Cash Distribution
October 21	October 31	$0.125
November 18	November 30	$0.125
December 20	December 30	$0.125
	Total for the Quarter:	$0.375

Earnings Announcement:

The Company also announced today that it plans to report earnings for the third quarter ended September 30, 2022, after the stock market closes on Monday, November 7, 2022. The Company will hold a conference call Tuesday, November 8, 2022 at 8:30 a.m. ET to discuss its earnings results. Please call (877) 407-9045 to enter the conference call. An operator will monitor the call and set a queue for questions.

A conference call replay will be available after the call and will be accessible through November 15, 2022. To hear the replay, please dial (877) 660-6853 and use playback conference number 13732342.

The live audio broadcast of the Company's conference call will be available online at www.gladstonecommercial.com.

If you have questions prior to or following the earnings release you may e-mail them to info@gladstonecompanies.com.

Gladstone Commercial Corporation is a real estate investment trust ("REIT") focused on acquiring, owning and operating net leased industrial and office properties across the United States. As of June 30, 2022, Gladstone Commercial's real estate portfolio consisted of 136 properties located in 27 states, totaling approximately 17.0 million square feet. Additional information can be found at www.gladstonecommercial.com.

Investor Relations Inquiries: Please visit www.gladstonecommercial.com or +1-703-287-5893.

SOURCE: Gladstone Commercial Corporation

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FAQ

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What is the cash distribution for common stock by Gladstone Commercial Corporation for October 2022?

The cash distribution for common stock is $0.1254 per share for October 2022.

When will Gladstone Commercial Corporation report its Q3 earnings for 2022?

Gladstone Commercial Corporation plans to report its Q3 earnings on November 7, 2022.

How many consecutive monthly cash distributions has Gladstone Commercial Corporation paid?

Gladstone Commercial Corporation has paid 213 consecutive monthly cash distributions.

What is the total cash distribution for common stock in Q4 2022?

The total cash distribution for common stock in Q4 2022 is $0.3762.