Gladstone Land Co. (NASDAQ:LANDO) Announces Monthly Dividend of $0.13
by Doug Wharley · The Cerbat GemGladstone Land Co. (NASDAQ:LANDO – Get Free Report) declared a monthly dividend on Tuesday, April 14th. Shareholders of record on Tuesday, June 23rd will be given a dividend of 0.125 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, June 23rd.
Gladstone Land Stock Performance
Shares of Gladstone Land stock opened at $21.04 on Wednesday. Gladstone Land has a 1 year low of $18.50 and a 1 year high of $21.27. The business has a 50-day moving average of $20.14 and a two-hundred day moving average of $19.63.
Gladstone Land Company Profile
Gladstone Land (NASDAQ:LAND) is a real estate investment trust (REIT) that specializes in the acquisition and ownership of farmland across the United States. The company purchases agricultural properties and leases them to farmers under long-term, triple-net lease agreements. By focusing exclusively on high-quality farmland, Gladstone Land aims to provide investors with steady income and potential for long-term capital appreciation, while supporting the operational needs of farming businesses.
The company’s portfolio includes a diversified mix of row crop and permanent crop farmland, spanning key agricultural regions in states such as California, Washington, Florida, Pennsylvania and North Carolina.