Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) announced a monthly dividend on Tuesday, July 14th. Investors 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 6.9%. The ex-dividend date is Tuesday, August 18th.
Gladstone Land Trading Up 1.1%
Gladstone Land stock opened at $21.59 on Friday. Gladstone Land has a 12-month low of $18.50 and a 12-month high of $22.08. The business’s 50-day moving average price is $21.02 and its two-hundred day moving average price is $20.61.
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.
Further Reading
- Five stocks we like better than Gladstone Land
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.
