Gladstone Commercial Corporation Announces Common Stock, Senior Common Stock, and Preferred Stock Monthly Cash Distributions ...

MCLEAN, Va., July 9, 2013 /PRNewswire/ -- Gladstone Commercial Corporation (NASDAQ: GOOD) (the "Company") announced today that its board of directors declared the following monthly cash distributions:

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Common Stock: $0.125 per common share for each of July, August and September 2013, payable per Table 1 below.  The Company has paid 102 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid 5 consecutive quarterly cash distributions.  The Company has never skipped, reduced or deferred a monthly distribution since inception, over nine years ago.

Table 1: Summary of common stock cash distributions:
Ex-Dividend Date	Record Date	Payment Date	Amount
July 17	July 19	July 31	$0.125
August 19	August 21	August 30	$0.125
September 16	September 18	September 30	$0.125
Total for the Quarter:			$0.375

Senior Common Stock: $0.0875 per share of the Company's senior common stock ("Senior Common") for each of July, August and September 2013, payable per Table 2 below. The Company has paid 39 consecutive monthly cash distributions on its Senior Common. The Company has never skipped, reduced or deferred a monthly distribution.

Table 2: Summary of Senior Common cash distributions:
Payable to Holders of Record During the Month of:	Payment Date	Amount
July	August 7	$0.0875
August	September 9	$0.0875
September	October 7	$0.0875
Total for the Quarter:		$0.2625

Series A Preferred Stock: $0.1614583 per share of the Company's 7.75% Series A Cumulative Redeemable Preferred Stock ("Series A Preferred Stock") for each of July, August and September 2013, payable per Table 3 below. The Series A Preferred Stock trades on the NASDAQ under the symbol "GOODP." The Company has paid 90 consecutive monthly cash distributions on its Series A Preferred Stock. The Company has never skipped, reduced or deferred a monthly distribution.

Table 3: Summary of Series A Preferred Stock cash distributions:
Ex-Dividend Date	Record Date	Payment Date	Amount
July 17	July 19	July 31	$0.1614583
August 19	August 21	August 30	$0.1614583
September 16	September 18	September 30	$0.1614583
Total for the Quarter:			$0.4843749

Series B Preferred Stock: $0.15625 per share of the Company's 7.50% Series B Cumulative Redeemable Preferred Stock ("Series B Preferred Stock") for each of July, August and September 2013, payable per Table 4 below. The Series B Preferred Stock trades on the NASDAQ under the symbol "GOODO."  The Company has paid 81 consecutive monthly cash distributions on its Series B Preferred Stock. The Company has never skipped, reduced or deferred a monthly distribution.

Table 4: Summary of Series B Preferred Stock cash distributions:
Ex-Dividend Date	Record Date	Payment Date	Amount
July 17	July 19	July 31	$0.15625
August 19	August 21	August 30	$0.15625
September 16	September 18	September 30	$0.15625
Total for the Quarter:			$0.46875

Series C Preferred Stock: $0.1484375 per share of the Company's 7.125% Series C Term Preferred Stock ("Series C Term Preferred Stock") for each of July, August and September 2013 payable per Table 5 below. The Series C Term Preferred Stock trades on the NASDAQ under the symbol "GOODN."  The Company has paid 17 consecutive monthly cash distributions on its Series C Term Preferred Stock. Monthly distributions will be payable per Table 5 below.

Table 5: Summary of Series C Term Preferred Stock cash distributions:
Ex-Dividend Date	Record Date	Payment Date	Amount
July 17	July 19	July 31	$0.1484375
August 19	August 21	August 30	$0.1484375
September 16	September 18	September 30	$0.1484375
Total for the Quarter:			$0.4453125

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

Gladstone Commercial Corporation is a publicly-traded real estate investment trust ("REIT") that invests in and owns net leased industrial, commercial and retail real property and selectively makes long-term industrial and commercial mortgage loans.  The Company currently owns 83 properties.  Additional information can be found at www.gladstonecompanies.com.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

SOURCE Gladstone Commercial Corporation

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