Gladstone Commercial Corporation Announces Monthly Cash Distributions for October, November and December 2018, and Third Quar...

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 2018 and also announced its plan to report earnings for the third quarter ended September 30, 2018.

Cash Distributions:

Common Stock: $0.125 cash distribution per common share for each of October, November and December 2018, payable per Table 1 below.  The Company has paid 165 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 19	October 31	$	0.125
November 20	November 30	$	0.125
December 20	December 31	$	0.125
	Total for the Quarter:	$	0.375

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 2018, payable per Table 2 below. The Company has paid 102 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 7	$	0.0875
November	December 7	$	0.0875
December	January 7	$	0.0875
	Total for the Quarter:	$	0.2625

Series A Preferred Stock: $0.1614583 cash distribution per share of the Company’s 7.75% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”) for each of October, November and December 2018, payable per Table 3 below. The Series A Preferred Stock trades on NASDAQ under the symbol “GOODP.” The Company has paid 153 consecutive monthly cash distributions on its Series A Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series A Preferred Stock distribution.

Table 3: Summary of Series A Preferred Stock cash distributions:
Record Date	Payment Date	Cash Distribution
October 19	October 31	$	0.1614583
November 20	November 30	$	0.1614583
December 20	December 31	$	0.1614583
	Total for the Quarter:	$	0.4843749

Series B Preferred Stock: $0.15625 cash distribution per share of the Company’s 7.50% Series B Cumulative Redeemable Preferred Stock (“Series B Preferred Stock”) for each of October, November and December 2018, payable per Table 4 below. The Series B Preferred Stock trades on NASDAQ under the symbol “GOODO.”  The Company has paid 144 consecutive monthly cash distributions on its Series B Preferred Stock. The Company has never skipped, reduced or deferred a monthly Series B Preferred Stock distribution.

Table 4: Summary of Series B Preferred Stock cash distributions:
Record Date	Payment Date	Cash Distribution
October 19	October 31	$	0.15625
November 20	November 30	$	0.15625
December 20	December 31	$	0.15625
	Total for the Quarter:	$	0.46875

Series D Preferred Stock: $0.1458333 cash distribution per share of the Company’s 7.0% Series D Preferred Stock (“Series D Preferred Stock”) for each of October, November and December 2018, payable per Table 5 below. The Series D Preferred Stock trades on NASDAQ under the symbol “GOODM.”  The Company has paid 29 consecutive monthly cash distributions on its Series D Preferred Stock.  The Company has never skipped, reduced or deferred a monthly Series D Preferred Stock distribution.

Table 5: Summary of Series D Preferred Stock cash distributions:
Record Date	Payment Date	Cash Distribution
October 19	October 31	$	0.1458333
November 20	November 30	$	0.1458333
December 20	December 31	$	0.1458333
	Total for the Quarter:	$	0.4374999

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

Earnings Announcement:

The Company also announced today that it plans to report earnings for the third quarter ended September 30, 2018, after the stock market closes on Tuesday, October 30, 2018. The Company will hold a conference call Wednesday, October 31, 2018 at 8:30 a.m. EDT to discuss its earnings results.  Please call [phone] 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 7, 2018.  To hear the replay, please dial [phone] and use playback conference number 1485499.

The live audio broadcast of the Company’s conference call will be available online at www.gladstonecommercial.com. The event will also be archived and available for replay on the Company’s website through December 31, 2018.

If you have questions prior to or following the earnings release you may e-mail them to [e-mail].

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, 2018, the Company owned 98 properties located in 24 states, totaling approximately 11.4 million square feet.  Additional information can be found at www.gladstonecompanies.com.

Investor Relations Inquiries:

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

Source: Gladstone Commercial Corporation

For further information: Gladstone Commercial Corporation, [phone]