Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) declared a monthly dividend on Tuesday, April 14th. Shareholders of record on Friday, April 24th will be given a dividend of 0.125 per share on Thursday, April 30th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Friday, April 24th.
Gladstone Land Stock Performance
NASDAQ LANDO opened at $21.04 on Wednesday. The business has a 50 day simple moving average of $20.14 and a two-hundred day simple moving average of $19.63. Gladstone Land has a 1-year low of $18.50 and a 1-year high of $21.27.
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.
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