What does redemption of preferred stock mean?

Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.

Gladstone Commercial Corporation GOOD Redemption of preferred stock

Redemption of preferred stock at other companies

Plains GP Holdings, L.P.PAGP

$0-100%

Highwoods PropertiesHIW

$60K—

Blue Bird CorporationBLBD

$9.88M+298%

Genesis EnergyGEL

$137.2M-47.7%

Consolidated Water CompanyCWCO

-$7.86K+22.4%

American Resources Investment Trust IncINV

$0-100%

Other financials

Income statement

See full

Revenue$41.9M+11.8%

Net income$7.0M+35.7%

EPS (diluted)$0.08+100%

Balance sheet

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Cash & equivalents$13.5M-11.9%

Total debt$252.7M-7.9%

Total equity$163.5M-10.8%

Total assets$1.2B+6.1%

Cash flow

See full

Operating cash flow$17.9M+1.3%

Valuation

See full

Market cap$585.72M-12.0%

Enterprise value$824.91M-10.8%

P/E27.7×+1.7×

P/S3.5×-0.9×

Profitability

See full

Net margin12.7%-4.2pp

Returns & leverage

See full

Return on equity12.2%-3.3pp

Debt / equity1.5×0.0×

Where this comes from

Reported directly by Gladstone Commercial Corporation in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfRedeemablePreferredStock.

The official record: Gladstone Commercial Corporation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gladstone Commercial Corporation's redemption of preferred stock?: Gladstone Commercial Corporation (GOOD) reported redemption of preferred stock of $390K in Q1 2026.
How has Gladstone Commercial Corporation's redemption of preferred stock changed year-over-year?: Gladstone Commercial Corporation's redemption of preferred stock decreased by 32.9% year-over-year, from $581K to $390K.
What does redemption of preferred stock mean?: Cash used to redeem (buy back) outstanding preferred stock, eliminating future dividend obligations.