5 Best Monthly Dividend Stocks to Buy According to Analysts

3. Gladstone Commercial Corporation (NASDAQ:GOOD)

Number of Hedge Fund Holders: 7
Upside Potential as of August 6: 24.6%

Gladstone Commercial Corporation (NASDAQ:GOOD) is a real estate investment trust that primarily focuses on owning and managing a portfolio of commercial real estate properties. The company’s main objective is to generate rental income and capital appreciation from its real estate holdings.

In the first quarter of 2023, Gladstone Commercial Corporation (NASDAQ:GOOD) reported revenue of $36.5 million, which showed a 3% growth from the same period last year. The company’s net income also jumped to $2.4 million during the quarter, from $1.8 million in the previous quarter.

Gladstone Commercial Corporation (NASDAQ:GOOD) currently pays a monthly dividend of $0.10 per share and has a dividend yield of 9.06%, as recorded on August 6.

According to Insider Monkey’s database of Q1 2023, 7 hedge funds in Insider Monkey’s database held investments in Gladstone Commercial Corporation (NASDAQ:GOOD), up from 6 a quarter earlier. The total value of these stakes is nearly $30 million.

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