Gladstone Land (LANDP) Projected to Release Quarterly Earnings on Wednesday

Gladstone Land (NASDAQ:LANDP) is projected to issue its results after the market closes on Wednesday, November 11th. Analysts expect the company to announce earnings of ($0.1267) per share and revenue of $16.54 million for the quarter.

Gladstone Land Price Performance

NASDAQ LANDP opened at $18.77 on Wednesday. Gladstone Land has a fifty-two week low of $18.42 and a fifty-two week high of $21.50. The business has a fifty day moving average of $19.93 and a 200-day moving average of $20.21.

Gladstone Land Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be given a dividend of $0.1250 per share. This represents a $1.50 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Monday, December 21st.

Gladstone Land Company Profile

Gladstone Land Corporation is a real estate investment trust (REIT) that owns and manages farmland in the United States. The company’s properties are used to grow a range of agricultural products, including fresh produce, permanent crops such as almonds and pistachios, and traditional row crops.

Gladstone Land generally leases its properties to farmers under long-term, typically triple-net lease agreements. Under this structure, tenants are generally responsible for property-level expenses such as operating costs, maintenance, insurance and taxes.