Gladstone Commercial sees steady dividends for Q1, focuses on capital recycling

Gladstone (NASDAQ:GOOD) announced Q4 core FFO of $11M or $0.38 per share vs. $10.7M and $0.38 in Q3.

Monthly dividend was 0.375 per share for Q4, and projected to remain the same for Q1 2018.

The company is focused on its capital recycling program and continues to sell non-core assets outside of target growth markets in order to de-lever its portfolio and acquire new properties.

Conference call tomorrow at 8:30 a.m. ET

Previously: Gladstone Commercial FFO in-line, beats on revenue (Feb. 14)