Gladstone Land Co. Plans Dividend of $0.10 (NASDAQ:LANDM)

Gladstone Land Co. (NASDAQ:LANDM) announced a dividend on Friday, January 24th,investing.com reports. Investors of record on Monday, January 27th will be given a dividend of 0.1042 per share on Friday, January 31st. This represents a yield of 5.05%. The ex-dividend date is Friday, January 24th.

Gladstone Land Stock Performance

Shares of NASDAQ:LANDM opened at $24.66 on Friday. The business has a 50 day simple moving average of $24.77 and a two-hundred day simple moving average of $24.59. Gladstone Land has a 1 year low of $23.69 and a 1 year high of $25.06.

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.