Gladstone Land Co. (NASDAQ:LANDM – Get Free Report) was down 0.1% during mid-day trading on Friday . The stock traded as low as $24.62 and last traded at $24.62. Approximately 647 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 3,223 shares. The stock had previously closed at $24.65.
Gladstone Land Stock Performance
The business’s 50 day moving average price is $24.82 and its 200 day moving average price is $24.54.
Gladstone Land Announces Dividend
The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 23rd were issued a $0.1042 dividend. The ex-dividend date was Tuesday, October 22nd. This represents a yield of 5.1%.
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.
Read More
- Five stocks we like better than Gladstone Land
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Power Up: Gaming Industry Expansion Fuels Stock Opportunities
- Basic Materials Stocks Investing
- These 3 Quirky ETFs May Be Strong Plays in 2025
- Do ETFs Pay Dividends? What You Need to Know
- Buffett Takes the Bait; Berkshire Buys More Oxy in December
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.
