Enter a Ticker Symbol To Get Your Free Bull/Bear Rating & Ranking Report from "Stock Scientist" Mike Turner

Gladstone Land Corporation 6.375% Series A Cumulative Term Preferred Stock

By: ,

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 ON   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)  9/30/2021

 

Company Investor Relations Page for Gladstone Land

Click here to find the offering Prospectus and/or Final Pricing Document

FREE REPORT
X
Bryan Perry Dividend Income Expert Bryan Perry

Earn 8% on this "Government Mandated Income Opportunity"

X

Search Dividend Investor