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MCLEAN, Va., July 15, 2014 (GLOBE NEWSWIRE) --
Gladstone Land Corporation (Nasdaq:LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions and also announced its plan to report earnings for the second quarter ended June 30, 2014.
Cash Distributions:Common Stock: $0.03 per share of common stock for each of July, August and September, 2014, payable per the table below. The Company has paid 17 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013.
Summary of Common Stock Cash Distributions:
Total for the Quarter:
The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit
The Company also announced today that it plans to report earnings for the second quarter ending June 30, 2014, after the stock market closes on Monday, August 4, 2014. The Company will hold a conference call Tuesday, August 5, 2014 at 8:30 a.m. EDT to discuss its earnings results. Please call (855) 363-1762 to join the conference call. An operator will monitor the call and set a queue for questions.