Gladstone Land Co. (NASDAQ:LANDM) Announces $0.10 Dividend

Gladstone Land Co. (NASDAQ:LANDM) declared a dividend on Thursday, April 18th, investing.com reports. Investors of record on Friday, April 19th will be given a dividend of 0.1042 per share on Tuesday, April 30th. This represents a yield of 5.19%. The ex-dividend date is Thursday, April 18th.

Gladstone Land Stock Up 0.0 %

Gladstone Land stock opened at $24.02 on Friday. The company has a 50 day moving average price of $24.07 and a 200 day moving average price of $23.85. Gladstone Land has a 52 week low of $23.22 and a 52 week high of $24.50.

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.