Gladstone Land Corporation 6.375% Series A Cumulative Term Preferred Stock
By: Tim McPartland,
Date Issued  8/11/2016
Shares Offered  1,000,000     Overallotment Shares  150,000
S&P Rating  NR   Moodys Rating  NR
Security Ticker Symbol  LANDP  OTC Ticker  GLLTP
Market Traded ONÂ Â NASDAQ
Dividend Payment Paid on the last day of the month beginning on 9/30/2016
Monthly Dividend  .133   Annual Dividend  1.594
Securities may be redeemed, at the issuers option, as early as 09/30/2018  the call price is $25 plus accrued dividends.
Dividend Payment Will NOT BE Qualified Distributions.  Preferred stock dividends of REITs are not eligible for the qualified tax rate.
Maturity Date (Mandatory Redemption Date) Â 9/30/2021
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Company Investor Relations Page for Gladstone Land
Click here to find the offering Prospectus and/or Final Pricing Document