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Gladstone Land Announces Monthly Cash Distributions for January, February and March 2025 and Earnings Release and Conference Call Dates for the Fourth Quarter Ended December 31, 2024
MCLEAN, VA / ACCESSWIRE / January 14, 2025 / 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 / January 14, 2025 / 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 January, February and March 2025.Monthly Cash Distributions:Common Stock: $0.0467 per share of common stock for each of January, February and March 2025, payable per the table below:Summary of Common Stock Cash DistributionsRecord DatePayment Date Amount January 24January 31 $0.0467 February 19February 28 0.0467 March 19March 31 0.0467 Total for the Quarter: $0.1401 The Company has paid 143 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 40 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 January, February and March 2025, payable per the table below:Summary of Series B Preferred Stock Cash DistributionsRecord DatePayment Date Amount January 24January 31 $0.125 February 19February 28 0.125 March 19March 31 0.125 Total for the Quarter: $0.375 The 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 January, February and March 2025, payable per the table below:Summary of Series C Preferred Stock Cash DistributionsRecord DatePayment Date Amount January 24January 31 $0.125 February 19February 28 0.125 March 19March 31 0.125 Total for the Quarter: $0.375 The 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 January, February and March 2025, payable per the table below:Summary of Series D Preferred Stock Cash DistributionsRecord DatePayment Date Amount January 24January 31 $0.104167 February 19February 28 0.104167 March 19March 31 0.104167 Total for the Quarter: $0.312501 The Company has not skipped, reduced, or deferred a monthly Series D Preferred Stock distribution...