Equity Details
Price & Market Data
Price: $20.77
Daily Change: -$0.10 / 0.48%
Daily Range: $20.72 - $20.90
Market Cap: $396,134,207
Daily Volume: 19,137
Performance Metrics
1 Week: 0.19%
1 Month: 4.24%
3 Months: 5.89%
6 Months: 5.89%
1 Year: 2.34%
YTD: 9.29%
About Gladstone Land Corporation (LANDP)
Latest market trends for Gladstone Land Corporation (LANDP). The stock is priced at 20.77, showing a daily shift of -$0.10 / 0.48%. Market cap: 396,134,207. All performance data is provided for your review.
Company Details
Employees: 75
Sector: Finance
Industry: Real estate investment trusts
Country: United States
Details
Gladstone Land Corporation 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. The Company currently owns 150 farms, comprised of approximately 103,000 acres in 15 different states and over 55,000 acre-feet of water assets in California. Gladstone Land's farms are predominantly located in regions where its tenants can grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, blueberries, figs, olives, pistachios, and wine grapes, which are generally planted every 20-plus year and harvested annually. Over 30% of the Company's fresh produce acreage is either organic or in transition to become organic, and nearly 20% of its permanent crop acreage falls into this category. Gladstone Land pays monthly distributions to its stockholders and has paid 150 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is 0.0467 US dollars per month, or 0.5604 US dollars per year. Gladstone Land Corporation was founded and incorporated in 1997 in Maryland, USA.