Gladstone Land Corporation

NasdaqGM:LAND Stock Report

Market Cap: US$431.7m

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 Yieldn/a
Future Dividend Yield4.7%
Dividend Growth-2.0%
Next dividend pay date29 Nov 24
Ex dividend date20 Nov 24
Dividend per shareUS$0.560
Payout ratio192%

Recent dividend and buyback updates

Recent updates

Gladstone Land: I'm Sticking With The Preferred Shares

Nov 24

Gladstone Land Offers A 6.65-7% Yield (To Maturity) On Its Preferred Equity

Jul 20

Gladstone Land: Solid Fundamentals Masked By Macro Challenges

Jun 14

Gladstone Land: Speculating On A 7.4% Yield To Mandatory Call On Preferreds

Mar 30

Gladstone Land: Recent Real Estate Transaction Validates Portfolio Value

Feb 06

Gladstone Land goes ex-dividend tomorrow

Oct 19

Gladstone Land Has Become Interesting Again

Oct 13

Gladstone Land reduces series C preferred stock offering to $255M

Aug 24

Gladstone Land: Growth Slowing, Debt Load Rising

Aug 12

Gladstone Land acquires vineyards in Washington, Oregon for $37.3M

Jul 25

Gladstone Land raises dividend 0.4% to $0.0456 dividend

Jul 18

Gladstone Land: Current Valuation Is A Downside Risk

Jun 02

Gladstone Land: High Premium To NAV Limits Upside And Introduces Downside Risk

Jan 31

Gladstone Land: Not Your Typical REIT

Jan 08

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: LAND's dividends per share have been stable in the past 10 years.

Growing Dividend: LAND's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Gladstone Land Dividend Yield vs Market
How does LAND dividend yield compare to the market?
SegmentDividend Yield
Company (LAND)4.6%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Specialized REITs)3.5%
Analyst forecast (LAND) (up to 3 years)4.7%

Notable Dividend: LAND's dividend (4.64%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: LAND'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'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's dividend payments are covered by cash flows.


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