Gladstone Land (NASDAQ:LANDO) Stock Price Up 0.1% – What’s Next?

Gladstone Land Co. (NASDAQ:LANDOGet Free Report)’s stock price rose 0.1% during trading on Monday . The stock traded as high as $18.84 and last traded at $18.75. Approximately 30,084 shares traded hands during trading, an increase of 125% from the average daily volume of 13,382 shares. The stock had previously closed at $18.73.

Gladstone Land Price Performance

The business has a 50-day moving average of $19.38 and a 200-day moving average of $19.50.

Gladstone Land Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 22nd will be paid a $0.125 dividend. This represents a c) annualized dividend and a yield of 8.0%. The ex-dividend date of this dividend is Monday, December 22nd.

Gladstone Land Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.