Gladstone Land Announces Increase in Monthly Cash Distributions for October, November and December 2023 and Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2023
MCLEAN, VA / ACCESSWIRE / October 10, 2023 / 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 …
MCLEAN, VA / ACCESSWIRE / October 10, 2023 / 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 2023.
Monthly Cash Distributions:
Common Stock: $0.0464 per share of common stock for each of October, November and December 2023, payable per the table below:
Summary of Common Stock Cash Distributions
Record Date |
Payment Date |
Amount |
October 20 |
October 31 |
$ 0.0464 |
November 20 |
November 30 |
0.0464 |
December 18 |
December 29 |
0.0464 |
Total for the Quarter: |
$ 0.1392 |
The Company has paid 128 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 32 times over the prior 35 quarters (including this quarter). The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.GladstoneLand.com.
Series B Preferred Stock (Nasdaq:LANDO): $0.125 per share of Series B Preferred Stock for each of October, November and December 2023, payable per the table below:
Summary of Series B Preferred Stock Cash Distributions
Record Date |
Payment Date |
Amount |
October 20 |