Gladstone Land Co. (NASDAQ:LANDM – Get Free Report) announced a monthly dividend on Monday, October 14th, Wall Street Journal reports. Investors of record on Friday, December 20th will be given a dividend of 0.1042 per share on Tuesday, December 31st. This represents a $1.25 annualized dividend and a dividend yield of 5.10%. The ex-dividend date of this dividend is Friday, December 20th. This is an increase from Gladstone Land’s previous monthly dividend of $0.10.
Gladstone Land Price Performance
Shares of LANDM traded up $0.10 on Monday, hitting $24.53. 1,619 shares of the stock traded hands, compared to its average volume of 3,066. Gladstone Land has a one year low of $23.32 and a one year high of $24.80. The business has a 50 day simple moving average of $24.45 and a 200 day simple moving average of $24.28.
About Gladstone Land
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