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

Gladstone Land Co. (NASDAQ:LANDP) announced a monthly dividend on Tuesday, April 8th, NASDAQ Dividends reports. Shareholders of record on Monday, April 21st will be paid a dividend of 0.125 per share on Wednesday, April 30th. This represents a $1.50 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date is Monday, April 21st.

Gladstone Land Stock Performance

LANDP opened at $19.95 on Friday. Gladstone Land has a 1-year low of $18.21 and a 1-year high of $22.63. The company’s fifty day moving average price is $19.91 and its two-hundred day moving average price is $20.77.

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.