On 11/17/17, Gladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock (Symbol: LANDP) will trade ex-dividend, for its monthly dividend of $0.1328, payable on 11/30/17. As a percentage of LANDP's recent share price of $26.19, this dividend works out to approximately 0.51%, so look for shares of LANDP to trade 0.51% lower - all else being equal - when LANDP shares open for trading on 11/17/17. On an annualized basis, the current yield is approximately 6.08%, which compares to an average yield of 6.36% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of LANDP shares, versus LAND:
Below is a dividend history chart for LANDP, showing historical dividends prior to the most recent $0.1328 on Gladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock:
In Wednesday trading, Gladstone Land Corp's 6.375% Series A Cumulative Term Preferred Stock (Symbol: LANDP) is currently down about 0.1% on the day, while the common shares (Symbol: LAND) are down about 0.2%.