Gladstone Land Announces Increase in Monthly Cash Distributions for April, May and June 2024 and Earnings Release and Conference Call Dates for the First Quarter Ended March 31, 2024
MCLEAN, VA / ACCESSWIRE / April 9, 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 April, May and June 2024.Monthly …
MCLEAN, VA / ACCESSWIRE / April 9, 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 April, May and June 2024.
Monthly Cash Distributions:
Common Stock: $0.0466 per share of common stock for each of April, May and June 2024, payable per the table below:
Summary of Common Stock Cash Distributions
Record Date |
Payment Date |
Amount |
April 19 |
April 30 |
$ 0.0466 |
May 17 |
May 31 |
0.0466 |
June 19 |
June 28 |
0.0466 |
Total for the Quarter: |
$ 0.1398 |
The Company has paid 134 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 34 times over the prior 37 quarters. 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 April, May and June 2024, payable per the table below:
Summary of Series B Preferred Stock Cash Distributions
Record Date |
Payment Date |
Amount |
April 19 |