Gladstone Land (LAND) Raises Quarterly Dividend 3.1% to $0.04125; 1.6% Yield
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Gladstone Land Increases its Monthly Cash Distribution and Announces First Quarter Earnings Release and Conference Call Dates
April 12, 2016 4:20 PM EDTMCLEAN, Va., April 12, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ: LAND) (the Company) announced a 3.1% increase in its monthly cash distribution, beginning with the months of April, May and June 2016. The new per-share cash distribution rate is $0.04125 per month, or $0.495 per year. The Company also announced its plan to report earnings for the first quarter ended March 31, 2016.
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