Gladstone Land (LANDO) to Release Quarterly Earnings on Tuesday

Gladstone Land (NASDAQ:LANDO) is anticipated to issue its results before the market opens on Tuesday, February 24th. Analysts expect the company to announce earnings of $0.1675 per share and revenue of $29.3820 million for the quarter.

Gladstone Land Stock Down 0.0%

NASDAQ:LANDO opened at $20.07 on Friday. Gladstone Land has a 1-year low of $18.50 and a 1-year high of $20.90. The company has a 50-day moving average of $19.44 and a 200 day moving average of $19.46.

Gladstone Land Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 23rd will be issued a $0.125 dividend. The ex-dividend date is Monday, March 23rd. This represents a c) annualized dividend and a dividend yield of 7.5%.

About Gladstone Land

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.