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

Gladstone Land Co. (NASDAQ:LANDM) announced a dividend on Tuesday, January 21st,investing.com reports. Stockholders of record on Monday, January 27th will be given a dividend of 0.1042 per share on Friday, January 31st. This represents a dividend yield of 5.06%. The ex-dividend date of this dividend is Friday, January 24th.

Gladstone Land Price Performance

Shares of Gladstone Land stock traded up $0.01 during trading hours on Tuesday, reaching $24.66. 186 shares of the company’s stock were exchanged, compared to its average volume of 4,049. Gladstone Land has a 1 year low of $23.64 and a 1 year high of $25.06. The business has a fifty day moving average of $24.80 and a two-hundred day moving average of $24.58.

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.