Looking at the universe of stocks we cover at Dividend Channel, on 10/18/13, Gladstone Land Corp (LAND) will trade ex-dividend, for its monthly dividend of $0.12, payable on 10/31/13. As a percentage of LAND's recent stock price of $16.26, this dividend works out to approximately 0.74%, so look for shares of Gladstone Land Corp to trade 0.74% lower — all else being equal — when LAND shares open for trading on 10/18/13.
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 8.86% on annualized basis is a reasonable expectation of annual yield going forward.
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In Wednesday trading, Gladstone Land Corp shares are currently trading flat on the day.
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