Gladstone Land Co. (NASDAQ:LANDO – Get Free Report) declared a dividend on Friday, January 24th,investing.com reports. Investors of record on Monday, January 27th will be paid a dividend of 0.125 per share on Friday, January 31st. This represents a dividend yield of 7.39%. The ex-dividend date is Friday, January 24th.
Gladstone Land has increased its dividend by an average of 22.4% per year over the last three years.
Gladstone Land Stock Down 0.4 %
Gladstone Land stock opened at $20.31 on Friday. Gladstone Land has a fifty-two week low of $18.81 and a fifty-two week high of $22.90. The stock’s 50 day simple moving average is $21.22 and its two-hundred day simple moving average is $21.66.
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.
Further Reading
- Five stocks we like better than Gladstone Land
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- Bloom Energy: Powering the Future With Decentralized Energy
- Top Biotech Stocks: Exploring Innovation Opportunities
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- How Technical Indicators Can Help You Find Oversold Stocks
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.
