Gladstone Land Co. (LANDP) To Go Ex-Dividend on September 21st

by · The Cerbat Gem

Gladstone Land Co. (NASDAQ:LANDPGet Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Monday, September 21st will be paid a dividend of 0.125 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date is Monday, September 21st.

Gladstone Land Stock Performance

Gladstone Land stock opened at $19.83 on Friday. Gladstone Land has a 12 month low of $18.42 and a 12 month high of $21.50. The stock’s 50 day simple moving average is $20.81 and its two-hundred day simple moving average is $20.44.

About Gladstone Land

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Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.

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