Gladstone Land (NASDAQ:LANDO – Get Free Report) is expected to be issuing its results before the market opens on Tuesday, August 11th. Analysts expect Gladstone Land to post earnings of ($0.2633) per share and revenue of $12.2830 million for the quarter.
Gladstone Land Price Performance
LANDO stock opened at $21.67 on Tuesday. Gladstone Land has a one year low of $18.50 and a one year high of $21.91. The company’s 50 day moving average price is $20.82 and its two-hundred day moving average price is $20.48.
Gladstone Land Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a c) annualized dividend and a dividend yield of 6.9%.
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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