Gladstone Land Co. (NASDAQ:LANDM – Get Free Report) was up 0.4% on Thursday . The company traded as high as $24.13 and last traded at $24.13. Approximately 2,055 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 3,201 shares. The stock had previously closed at $24.04.
Gladstone Land Price Performance
The business’s fifty day moving average is $24.10 and its two-hundred day moving average is $23.89.
Gladstone Land Dividend Announcement
The firm also recently declared a dividend, which was paid on Tuesday, April 30th. Stockholders of record on Friday, April 19th were paid a $0.1042 dividend. This represents a dividend yield of 5.19%. The ex-dividend date of this dividend was Thursday, April 18th.
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.
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