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

Gladstone Land Co. (NASDAQ:LANDM) declared a dividend on Monday, April 21st, investing.com reports. Investors of record on Tuesday, April 22nd will be paid a dividend of 0.1042 per share on Wednesday, April 30th. This represents a yield of 5.07%. The ex-dividend date is Monday, April 21st.

Gladstone Land Trading Down 0.4 %

NASDAQ LANDM traded down $0.09 on Monday, reaching $24.66. The company had a trading volume of 8,236 shares, compared to its average volume of 3,386. The stock’s 50 day moving average is $24.77 and its 200-day moving average is $24.75. Gladstone Land has a 52 week low of $23.95 and a 52 week high of $25.06.

Gladstone Land Company Profile

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.