Gladstone Land Co. (LANDO) to Issue Monthly Dividend of $0.13 on November 26th

Gladstone Land Co. (NASDAQ:LANDO) declared a monthly dividend on Tuesday, October 14th. Investors of record on Monday, November 17th will be given a dividend of 0.125 per share on Wednesday, November 26th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Monday, November 17th.

Gladstone Land Price Performance

Shares of NASDAQ:LANDO opened at $19.75 on Friday. Gladstone Land has a one year low of $18.50 and a one year high of $22.65. The firm has a 50 day simple moving average of $19.66 and a 200 day simple moving average of $19.72.

About Gladstone Land

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.