Gladstone Land (NASDAQ:LANDO – Get Free Report) is projected to post its results after the market closes on Wednesday, November 11th. Analysts expect the company to post earnings of ($0.1267) per share and revenue of $16.54 million for the quarter.
Gladstone Land Stock Performance
LANDO stock opened at $19.01 on Wednesday. The company has a fifty day moving average of $20.00 and a 200-day moving average of $20.46. Gladstone Land has a one year low of $18.35 and a one year high of $22.08.
Gladstone Land Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Thursday, December 31st. Investors of record on Monday, December 21st will be issued a dividend of $0.1250 per share. This represents a $1.50 annualized dividend and a yield of 7.9%. The ex-dividend date of this dividend is Monday, December 21st.
Gladstone Land Company Profile
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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