Gladstone Land (LANDO) to Release Earnings on Tuesday

Gladstone Land (NASDAQ:LANDO) will likely be issuing its results before the market opens on Tuesday, February 24th. Analysts expect the company to announce earnings of $0.1675 per share and revenue of $29.3820 million for the quarter.

Gladstone Land Trading Down 0.0%

Shares of NASDAQ LANDO opened at $20.07 on Friday. The business’s 50 day moving average price is $19.44 and its 200-day moving average price is $19.46. Gladstone Land has a fifty-two week low of $18.50 and a fifty-two week high of $20.90.

Gladstone Land Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be paid a $0.125 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) dividend on an annualized basis and a yield of 7.5%.

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.