Looking at the universe of stocks we cover at Dividend Channel, on 5/16/13, Gladstone Land Corp (LAND) will trade ex-dividend, for its monthly dividend of $0.12, payable on 5/31/13. As a percentage of LAND's recent stock price of $16.55, this dividend works out to approximately 0.73%, so look for shares of Gladstone Land Corp to trade 0.73% lower — all else being equal — when LAND shares open for trading on 5/16/13.
Below is a dividend history chart for LAND, showing historical dividends prior to the most recent $0.12 declared by Gladstone Land Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from LAND is likely to continue, and whether the current estimated yield of 8.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of LAND shares, versus its 200 day moving average:Looking at the chart above, LAND's low point in its 52 week range is $14.00 per share, with $18.74 as the 52 week high point — that compares with a last trade of $16.55.
In Tuesday trading, Gladstone Land Corp shares are currently up about 1.3% on the day.