Gladstone Land Co. (NASDAQ:LANDM – Get Free Report)’s share price traded up 0.1% during trading on Tuesday . The stock traded as high as $25.00 and last traded at $24.95. 3,723 shares changed hands during trading, an increase of 13% from the average session volume of 3,296 shares. The stock had previously closed at $24.93.
Gladstone Land Price Performance
The firm has a fifty day simple moving average of $24.57 and a 200 day simple moving average of $24.36.
Gladstone Land Dividend Announcement
The business also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd were given a dividend of $0.1042 per share. The ex-dividend date was Tuesday, October 22nd. This represents a yield of 5.1%.
About Gladstone Land
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 169 farms, comprised of approximately 116,000 acres in 15 different states and over 45,000 acre-feet of banked water in California, valued at a total of approximately $1.6 billion.
Featured Articles
- Five stocks we like better than Gladstone Land
- Trading Halts Explained
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- How to invest in marijuana stocks in 7 steps
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Receive News & Ratings for Gladstone Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gladstone Land and related companies with MarketBeat.com's FREE daily email newsletter.
