Gladstone Land (LANDO) to Release Earnings on Tuesday

Gladstone Land (NASDAQ:LANDO) is anticipated to announce its results before the market opens on Tuesday, February 24th. Analysts expect the company to announce earnings of $0.1675 per share and revenue of $29.3820 million for the quarter.

Gladstone Land Stock Performance

Shares of LANDO opened at $20.10 on Friday. The company’s 50 day simple moving average is $19.47 and its 200-day simple moving average is $19.46. Gladstone Land has a 12-month low of $18.50 and a 12-month high of $20.90.

Gladstone Land Announces Dividend

The firm also recently disclosed 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 7.5%. The ex-dividend date of this dividend is Monday, March 23rd.

About Gladstone Land

Gladstone Land (NASDAQ:LAND) is a real estate investment trust (REIT) that specializes in the acquisition and ownership of farmland across the United States. The company purchases agricultural properties and leases them to farmers under long-term, triple-net lease agreements. By focusing exclusively on high-quality farmland, Gladstone Land aims to provide investors with steady income and potential for long-term capital appreciation, while supporting the operational needs of farming businesses.

The company’s portfolio includes a diversified mix of row crop and permanent crop farmland, spanning key agricultural regions in states such as California, Washington, Florida, Pennsylvania and North Carolina.