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

Gladstone Land Co. (NASDAQ:LANDM) announced a dividend on Wednesday, April 17th, investing.com reports. Stockholders of record on Friday, April 19th will be given a dividend of 0.1042 per share on Tuesday, April 30th. This represents a dividend yield of 5.18%. The ex-dividend date is Thursday, April 18th.

Gladstone Land Price Performance

Shares of NASDAQ LANDM traded down $0.04 during mid-day trading on Wednesday, reaching $24.07. The company had a trading volume of 1,831 shares, compared to its average volume of 3,463. The stock has a fifty day moving average of $24.06 and a two-hundred day moving average of $23.85. Gladstone Land has a 12-month low of $23.22 and a 12-month high of $24.50.

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.