Gladstone Land Dividends and Buybacks
Dividend criteria checks 5/6
Gladstone Land is a dividend paying company with a current yield of 4.64%. Next payment date is on 29th November, 2024 with an ex-dividend date of 20th November, 2024.
Key information
4.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 4.7% |
| Dividend Growth | -2.0% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 20 Nov 24 |
| Dividend per share | US$0.560 |
| Payout ratio | 192% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAND.P's dividends per share have been stable in the past 10 years.
Growing Dividend: LAND.P's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Gladstone Land Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LAND.P) | 4.6% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Specialized REITs) | 3.5% |
| Analyst forecast (LAND.P) (up to 3 years) | 4.7% |
Notable Dividend: LAND.P's dividend (4.64%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: LAND.P's dividend (4.64%) is in the top 25% of dividend payers in the US market (4.21%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (192%), LAND.P's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (57.3%), LAND.P's dividend payments are covered by cash flows.