Gladstone Land Dividend
Dividend criteria checks 2/6
Gladstone Land is a dividend paying company with a current yield of 4.42%. Next payment date is on 31st May, 2024 with an ex-dividend date of 16th May, 2024.
Key information
4.4%
Dividend yield
203%
Payout ratio
| Industry average yield | 4.3% |
| Next dividend pay date | 31 May 24 |
| Ex dividend date | 16 May 24 |
| Dividend per share | n/a |
| Earnings per share | -US$0.27 |
| Dividend yield forecast in 3Y | 4.5% |
Recent dividend updates
Recent updates
Gladstone Land: Speculating On A 7.4% Yield To Mandatory Call On Preferreds
Mar 30Gladstone Land: Recent Real Estate Transaction Validates Portfolio Value
Feb 06Gladstone Land goes ex-dividend tomorrow
Oct 19Gladstone Land Has Become Interesting Again
Oct 13Gladstone Land reduces series C preferred stock offering to $255M
Aug 24Gladstone Land: Growth Slowing, Debt Load Rising
Aug 12Gladstone Land acquires vineyards in Washington, Oregon for $37.3M
Jul 25Gladstone Land raises dividend 0.4% to $0.0456 dividend
Jul 18Gladstone Land: Current Valuation Is A Downside Risk
Jun 02Gladstone Land: High Premium To NAV Limits Upside And Introduces Downside Risk
Jan 31Gladstone Land: Not Your Typical REIT
Jan 08Gladstone Land acquires Blueberry Orchard in New Jersey
Jun 07What Type Of Shareholders Make Up Gladstone Land Corporation's (NASDAQ:LAND) Share Registry?
Mar 17
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: LAND's dividend payments have been volatile in the past 10 years.
Growing Dividend: LAND's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Gladstone Land Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (LAND) | 4.4% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Specialized REITs) | 4.3% |
| Analyst forecast in 3 Years (LAND) | 4.5% |
Notable Dividend: LAND's dividend (4.42%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: LAND's dividend (4.42%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (203.2%), LAND's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (50%), LAND's dividend payments are covered by cash flows.