Looking at the universe of stocks we cover at Dividend Channel, on 11/12/13, Gladstone Land Corp (LAND) will trade ex-dividend, for its monthly dividend of $0.12, payable on 11/29/13. As a percentage of LAND's recent stock price of $15.99, this dividend works out to approximately 0.75%, so look for shares of Gladstone Land Corp to trade 0.75% lower — all else being equal — when LAND shares open for trading on 11/12/13.
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 9.01% on annualized basis is a reasonable expectation of annual yield going forward.
In Friday trading, Gladstone Land Corp shares are currently off about 0.1% on the day.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts