Gladstone Land Co. (LANDP) To Go Ex-Dividend on March 23rd

Gladstone Land Co. (NASDAQ:LANDP) declared a monthly dividend on Tuesday, January 13th. Stockholders of record on Monday, March 23rd will be given a dividend of 0.125 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date is Monday, March 23rd.

Gladstone Land Trading Down 1.0%

Shares of Gladstone Land stock opened at $19.69 on Friday. The stock has a fifty day simple moving average of $19.70 and a 200 day simple moving average of $19.44. Gladstone Land has a 12-month low of $18.21 and a 12-month high of $20.79.

About Gladstone Land

Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.