Gladstone Land Co. ( NASDAQ:LANDP – Get Free Report ) declared a monthly dividend on Tuesday, October 13th. Stockholders of record on Monday, December 21st will be given a dividend of $0.1250 per share on Thursday, December 31st. This represents a $1.50 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Monday, December 21st.
Gladstone Land Trading Down 0.1% Shares of LANDP stock opened at $19.75 on Wednesday. Gladstone Land has a 1-year low of $18.42 and a 1-year high of $21.50. The firm’s 50-day simple moving average is $20.43 and its 200-day simple moving average is $20.46.
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Gladstone Land Corporation is a real estate investment trust (REIT) that owns and leases farmland and agricultural properties in the United States. The company primarily invests in high-quality farmland that can generate rental income from agricultural operators under long-term lease agreements.
Its portfolio includes properties used to grow a variety of crops, including vegetables, fruits, nuts and other specialty crops, as well as annual row crops. Gladstone Land generally leases its prope...