Gladstone Land (LANDP) Projected to Post Earnings on Monday

Gladstone Land (NASDAQ:LANDP) will likely be posting its results after the market closes on Monday, May 11th. Analysts expect Gladstone Land to post earnings of ($0.2225) per share and revenue of $14.2020 million for the quarter.

Gladstone Land Stock Performance

NASDAQ:LANDP traded up $0.10 during trading hours on Monday, reaching $20.79. The company had a trading volume of 11,228 shares, compared to its average volume of 26,286. The stock has a 50-day moving average of $19.99 and a two-hundred day moving average of $19.55. Gladstone Land has a one year low of $18.42 and a one year high of $21.18.

Gladstone Land Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be given a $0.125 dividend. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, June 23rd.

Gladstone Land Company Profile

Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.