Gladstone Land Co. (NASDAQ:LANDP) Stock to Pay Monthly Dividend of $0.12

by · The Markets Daily

Gladstone Land Co. (NASDAQ:LANDP – Get Free Report) announced a monthly dividend on Tuesday, October 13th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.1250 per share on Monday, November 30th. This represents a $1.50 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Thursday, November 19th.

Gladstone Land Trading Down 0.1%

LANDP stock opened at $19.75 on Wednesday. Gladstone Land has a twelve month low of $18.42 and a twelve month high of $21.50. The business’s fifty day simple moving average is $20.43 and its two-hundred day simple moving average is $20.46.

Gladstone Land Company Profile

(Get Free Report)

Gladstone Land Corporation is a real estate investment trust (REIT) that owns and leases farmland and agricultural properties in the United States. The company primarily invests in high-quality farmland that can generate rental income from agricultural operators under long-term lease agreements.

Its portfolio includes properties used to grow a variety of crops, including vegetables, fruits, nuts and other specialty crops, as well as annual row crops. Gladstone Land generally leases its properties to farming businesses under arrangements designed to provide recurring rental income while allowing tenants to manage day-to-day agricultural operations.

Gladstone Land serves agricultural markets across multiple U.S.

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