Gladstone Land Co. (NASDAQ:LANDP – Get Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Monday, September 21st will be given a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Monday, September 21st.
Gladstone Land Trading Up 0.3%
Shares of Gladstone Land stock opened at $20.69 on Wednesday. Gladstone Land has a 52 week low of $18.42 and a 52 week high of $21.18. The company’s 50-day moving average price is $20.46 and its two-hundred day moving average price is $20.00.
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.
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