Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) declared a monthly dividend on Tuesday, July 14th. Shareholders of record on Tuesday, August 18th will be given a dividend of 0.125 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 7.3%. The ex-dividend date is Tuesday, August 18th.
Gladstone Land Stock Up 0.1%
Shares of Gladstone Land stock opened at $20.65 on Wednesday. The company has a 50 day moving average of $20.71 and a 200-day moving average of $20.25. Gladstone Land has a 1-year low of $18.50 and a 1-year high of $21.50.
About Gladstone Land
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.
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