Cash Dividend On The Way From Gladstone Land (LAND)

Looking at the universe of stocks we cover at Dividend Channel, on 12/12/13, Gladstone Land Corp ( LAND) will trade ex-dividend, for its monthly dividend of $0.12, payable on 12/31/13. 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 12/12/13.

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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.

In Tuesday trading, Gladstone Land Corp shares are currently up about 0.6% on the day.