Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) declared a monthly dividend on Tuesday, July 14th. Investors of record on Friday, July 24th will be paid a dividend of 0.125 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Friday, July 24th.
Gladstone Land Stock Performance
Shares of Gladstone Land stock opened at $20.65 on Wednesday. Gladstone Land has a twelve month low of $18.50 and a twelve month high of $21.50. The business has a 50-day moving average price of $20.71 and a 200 day moving average price of $20.25.
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.
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