Gladstone Land (LANDP) Expected to Announce Quarterly Earnings on Tuesday

Gladstone Land (NASDAQ:LANDP) is expected to be posting its results before the market opens on Tuesday, February 24th. Analysts expect Gladstone Land to post earnings of $0.1675 per share and revenue of $29.3820 million for the quarter.

Gladstone Land Price Performance

Shares of LANDP opened at $19.81 on Friday. The company’s fifty day simple moving average is $19.32 and its 200-day simple moving average is $19.37. Gladstone Land has a twelve month low of $18.21 and a twelve month high of $20.79.

Gladstone Land Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 23rd will be given a dividend of $0.125 per share. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Monday, March 23rd.

Gladstone Land Company Profile

Gladstone Land Corporation (NASDAQ: LANDP) is a real estate investment trust focused on the acquisition and long-term leasing of farmland across the United States. The company pursues an attractively diversified portfolio strategy that emphasizes the purchase of high-quality, irrigated farmland, which it then leases on a triple-net basis to experienced agricultural operators. Through its structure and leasing arrangements, Gladstone Land seeks to provide stable and predictable cash flows while offering agricultural producers access to capital for working operations and property improvements.

Since its founding in 2013, Gladstone Land has expanded its footprint to encompass a broad mix of crop types and geographic regions.