In my note on Gladstone Commercial – If You Like Pancakes, You'll Like This Net Lease REIT - I stated:
Although I don’t like GOOD's “flat as a pancake” dividend, I do see something else that I do like on the menu, and that is the Series D Preferred that has a 7% yield. Note that the company can't redeem it, and there’s another 4.5 years or so left to run. It’s flat as a pancake, but that’s why you own shares in preferred stocks.
Stacking Up The Gladstone Preferred Stocks
This led me to wonder how the Series D would “stack up” against the other preferred stocks in the Gladstone family of companies.
As a quick introduction to the Gladstone family, the following are the four companies that comprise the family:
