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Gladstone Land Announces Monthly Cash Distributions for October, November and December 2024 and Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2024
MCLEAN, VA / ACCESSWIRE / October 8, 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 / October 8, 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 October, November and December 2024.Monthly Cash Distributions:Common Stock: $0.0467 per share of common stock for each of October, November and December 2024, payable per the table below:Summary of Common Stock Cash DistributionsRecord DatePayment DateAmountOctober 22October 31$ 0.0467November 20November 290.0467December 20December 310.0467Total for the Quarter:$ 0.1401The Company has paid 140 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 39 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): $0.125 per share of Series B Preferred Stock for each of October, November and December 2024, payable per the table below:Summary of Series B Preferred Stock Cash DistributionsRecord DatePayment DateAmountOctober 22October 31$ 0.125November 20November 290.125December 20December 310.125Total 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): $0.125 per share of Series C Preferred Stock for each of October, November and December 2024, payable per the table below:Summary of Series C Preferred Stock Cash DistributionsRecord DatePayment DateAmountOctober 22October 31$ 0.125November 20November 290.125December 20December 310.125Total 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): $0.104167 per share of Series D Preferred Stock for each of October, November and December 2024, payable per the table below:Summary of Series D Preferred Stock Cash DistributionsRecord DatePayment DateAmountOctober 22October 31$ 0.104167November 20November 290.104167December 20December 310.104167Total for the Quarter:$ 0.312501The Company has not skipped, reduced, or deferred a monthly Series D Preferred Stock distrib...