DIVIDEND ANNOUNCEMENT: Gladstone Land Corp (NASDAQ:LAND) on 10/08/2019 declared a dividend of $0.0446 per share

Gladstone Land Corp (NASDAQ:LAND) on 10/08/2019 declared a dividend of $ 0.0446 per share payable on October 31, 2019 to shareholders of record as of October 22, 2019. Dividend amount recorded is an increase of $ 0.0001 from last dividend Paid.

Gladstone Land Corp (NASDAQ:LAND) has paid dividends since 2013, has a current dividend yield of 4.5762710571% and has increased its dividends for 4 successive years.

Gladstone Land Corp's market cap is $ 245,558,000 and has a PE ratio of 59.00. The stock price closed yesterday at $ 11.80 and has a 52 week low/high of $ 11.12 and $ 13.85.

Gladstone Land is an externally-managed, agricultural real estate investment trust that is engaged primarily in the business of owning and leasing farmland. Co. owns farms across states in the U.S. (Arizona, California, Colorado, Florida, Michigan, Nebraska, North Carolina, Oregon and Washington). Co. also owns several farm-related facilities, such as cooling facilities, packinghouses, processing facilities and various storage facilities. Co. conducts substantially all of its business activities through an Umbrella Partnership Real Estate Investment Trust structure, by which all of its properties are held, directly or indirectly, by Gladstone Land Limited Partnership.

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