Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
Owners of Gladstone Land (NASDAQ: LAND) shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $17.63 as of 4:00 p.m. ET, the dividend yield is 8.5%. The average volume for Gladstone Land has been 50,700 shares per day over the past 30 days. Gladstone Land has a market cap of $111.0 million and is part of the real estate industry. Shares are unchanged year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. The company has a P/E ratio of 77.27. You can view the full Gladstone Land Ratings Report now.