Gladstone Land (LANDP) Expected to Post Earnings on Tuesday

Gladstone Land (NASDAQ:LANDP) is projected to issue its results before the market opens on Tuesday, August 11th. Analysts expect Gladstone Land to post earnings of ($0.2633) per share and revenue of $12.2830 million for the quarter.

Gladstone Land Trading Up 1.7%

Shares of Gladstone Land stock opened at $21.41 on Tuesday. The firm has a 50-day simple moving average of $20.59 and a two-hundred day simple moving average of $20.20. Gladstone Land has a fifty-two week low of $18.42 and a fifty-two week high of $21.44.

Gladstone Land Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a $0.125 dividend. This represents a c) annualized dividend and a dividend yield of 7.0%. The ex-dividend date is Monday, September 21st.

About Gladstone Land

Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.