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: $0.03 per share of common stock for each of July, August and September, 2014, payable per the table below. The Company has paid 17 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013.
|Summary of Common Stock Cash Distributions:|
|Ex-Dividend Date||Record Date||Payment Date||Amount|
|July 23||July 25||August 5||$ 0.03|
|August 18||August 20||August 29||0.03|
|September 17||September 19||September 30||0.03|
|Total for the Quarter:||$ 0.09|