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Gladstone Land Announces Increase in Monthly Cash Distributions for July, August and September 2024 and Earnings Release and Conference Call Dates for the Second Quarter Ended June 30, 2024
MCLEAN, VA / ACCESSWIRE / July 9, 2024 / Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") announced today that its board of
About this update from Gladstone Land Corporation
[{"type":"text","content":"MCLEAN, VA / ACCESSWIRE / July 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 July, August and September 2024.Monthly Cash Distributions:Common Stock: $0.0467 per share of common stock for each of July, August and September 2024, payable per the table below:Summary of Common Stock Cash DistributionsRecord DatePayment DateAmountJuly 22July 31$ 0.0467August 21August 300.0467September 20September 300.0467Total for the Quarter:$ 0.1401 The Company has paid 137 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 38 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): $0.125 per share of Series B Preferred Stock for each of July, August and September 2024, payable per the table below:Summary of Series B Preferred Stock Cash DistributionsRecord DatePayment DateAmountJuly 22July 31$ 0.125August 21August 300.125September 20September 300.125Total for the Quarter:$ 0.375The Company has not skipped, reduced, or deferred a monthly Series B Preferred Stock distribution to date.Series C Preferred Stock (Nasdaq: LANDP): $0.125 per share of Series C Preferred Stock for each of July, August and September 2024, payable per the table below:Summary of Series C Preferred Stock Cash DistributionsRecord DatePayment DateAmountJuly 22July 31$ 0.125August 21August 300.125September 20September 300.125Total for the Quarter:$ 0.375The Company has not skipped, reduced, or deferred a monthly Series C Preferred Stock distribution to date.Series D Preferred Stock (Nasdaq: LANDM): $0.104167 per share of Series D Preferred Stock for each of July, August and September 2024, payable per the table below:Summary of Series D Preferred Stock Cash DistributionsRecord DatePayment DateAmountJuly 22July 31$ 0.104167August 21August 300.104167September 20September 300.104167Total for the Quarter:$ 0.312501The Company has not skipped, reduced, or deferred a monthly Series D Preferred Stock distribution to date.Series E Preferred Stock (Unlisted): ...