Gladstone Land Co. (LANDO) to Issue Monthly Dividend of $0.13 on April 30th

Gladstone Land Co. (NASDAQ:LANDO) declared a monthly dividend on Tuesday, April 14th. Stockholders 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 dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, April 24th.

Gladstone Land Price Performance

LANDO opened at $20.70 on Thursday. Gladstone Land has a 12 month low of $18.50 and a 12 month high of $21.27. The stock has a fifty day moving average price of $20.15 and a 200-day moving average price of $19.63.

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.