Gladstone Land (LANDO) Projected to Post Earnings on Tuesday

Gladstone Land (NASDAQ:LANDO) is anticipated to release its results before the market opens on Tuesday, August 11th. Analysts expect the company to announce earnings of ($0.2633) per share and revenue of $12.2830 million for the quarter.

Gladstone Land Price Performance

Shares of NASDAQ LANDO opened at $21.67 on Tuesday. The business has a 50-day moving average of $20.82 and a 200-day moving average of $20.48. Gladstone Land has a 12 month low of $18.50 and a 12 month high of $21.91.

Gladstone Land Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Monday, September 21st will be issued a dividend of $0.125 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Monday, September 21st.

Gladstone Land Company Profile

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.