Gladstone Land (NASDAQ:LANDO – Get Free Report) is expected to be releasing its results after the market closes on Wednesday, November 11th. Analysts expect Gladstone Land to post earnings of ($0.1267) per share and revenue of $16.54 million for the quarter.
Gladstone Land Stock Up 1.2%
NASDAQ:LANDO opened at $19.01 on Wednesday. The firm’s fifty day simple moving average is $20.00 and its 200-day simple moving average is $20.46. Gladstone Land has a fifty-two week low of $18.35 and a fifty-two week high of $22.08.
Gladstone Land Dividend Announcement
The business also recently disclosed a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be paid a $0.1250 dividend. The ex-dividend date is Monday, December 21st. This represents a $1.50 annualized dividend and a dividend yield of 7.9%.
About Gladstone Land
Gladstone Land Corporation is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and managing farmland in the United States. The company primarily invests in high-quality agricultural properties that generate rental income through long-term, typically triple-net lease agreements with farming operators.
Its portfolio includes farms used to grow a range of specialty crops, such as fruits, vegetables and nuts, as well as annual row crops and other agricultural products.
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