Gladstone Land Corporation (LAND)
NASDAQ (NMS) 
2 Preferred Stocks At Bargain Prices, +7% Yield
A balanced mix of high yield, growth potential, and strong defense is achievable with the right approach. There are preferred securities from quality businesses, trading at substantial discounts and offering high yields. These historically high yields and discounted prices are likely to disappear with more rate cuts.
Gladstone Land Reports Limited Damage to Southeast Farms from Recent Hurricanes
MCLEAN, VA / ACCESSWIRE / October 28, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced limited damage to its farms and facilities in the Southeastern U.S. as a result of Hurricanes Helene and Milton. While the Company is still assessing the overall impact of the hurricanes, early reports indicate wind damage to a portion of blueberry plantings on a small farm in southern Georgia and water damage to one cooling facility in central Florida, which is covered by insurance.
Gladstone Land Announces Monthly Cash Distributions for October, November and December 2024 and Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2024
MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of October, November and December 2024. Monthly Cash Distributions: Common Stock: $0.0467 per share of common stock for each of October, November and December 2024, payable per the table below: Summary of Common Stock Cash Distributions Record Date Payment Date Amount October 22 October 31 $ 0.0467 November 20 November 29 0.0467 December 20 December 31 0.0467 Total for the Quarter: $ 0.1401 The Company has paid 140 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 35 times over the prior 39 quarters.
Gladstone Land Provides Update on Its Permanent Crop Portfolio
MCLEAN, VA / ACCESSWIRE / September 23, 2024 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Executive Vice President (West Coast Operations), Bill Reiman, continues to lead the Company's strategic review and assessment of its permanent cropland portfolio. Mr. Reiman has been a member of the Company's acquisition and portfolio management team since 2013 and is a fifth-generation farmer, most recently serving as Chairman of the California Strawberry Commission and the Ventura County Agricultural Association.
Gladstone Land Shares Have A Big Hurdle Rate, With Preferreds Yielding 7.1%
Gladstone Land, a farmland REIT, has expanded significantly since its inception. Farmland demand remains high, but yields per acre have increased enough to mitigate scarcity impact. Gladstone Land trades at a slight NAV discount, and potential returns seem low.
Gladstone Land Announces Election of Katharine Cornell Gorka as Director
MCLEAN, VA / ACCESSWIRE / August 22, 2024 / Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced that Katharine Cornell Gorka has been elected to the 2027 class of Directors for the Company, effective August 22, 2024. Ms. Gorka, 64, is the President of Threat Knowledge Group, which provides training and expertise on threats to U.S. national security, and also serves as the chair of the Fairfax County Republican Party.
Gladstone Land (LAND) Q2 FFO Miss Estimates
Gladstone Land (LAND) came out with quarterly funds from operations (FFO) of $0.10 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to FFO of $0.11 per share a year ago.
Gladstone Land Announces Second Quarter 2024 Results
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESSWIRE / August 8, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the second quarter ended June 30, 2024.
Gladstone Land Corporation Earnings Call and Webcast Information
MCLEAN, VA / ACCESSWIRE / August 7, 2024 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2024, Earnings Call & Webcast When: Friday, August 9, 2024 @ 8:30 a.m. ET Where: Click Here How: By webcast -- Log on to the web at the address above By phone -- Please call (866) 424-3437 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 16, 2024.
Gladstone Land Announces Updated Monthly Cash Distribution Dates for July, August and September 2024 For its Series E Preferred Stock
MCLEAN, VA / ACCESSWIRE / July 25, 2024 / Updating the Series E Preferred Stock Record Dates and Payment Dates. Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today corrected record and payment dates for the cash distributions for its Series E Preferred Stock for each of July, August and September 2024.
Gladstone Land REIT Is Stagflation-Resilient
Gladstone Land REIT offers growth potential within the context of a broader market environment, which is arguably overvalued. REIT owns over 115,000 acres, mainly in California, with sustainable revenue and manageable debt. Farmland values may beat inflation in a stagflationary economic environment, with the potential for continued appreciation due to supply/demand factors.
Gladstone Land Offers A 6.65-7% Yield (To Maturity) On Its Preferred Equity
Gladstone Land is a REIT focusing on farmland leasing. Preferred dividends are well covered and the balance sheet is strong with high equity to assets ratio. Series D preferred shares offer a potential yield of 6.65% if called in January 2026.
