Gladstone Land Corporation ( LAND ) will begin trading ex-dividend on August 18, 2014. A cash dividend payment of $0.03 per share is scheduled to be paid on August 29, 2014. Shareholders who purchased LAND stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that LAND has paid the same dividend. At the current stock price of $12.55, the dividend yield is 2.87%.
The previous trading day's last sale of LAND was $12.55, representing a -27.85% decrease from the 52 week high of $17.40 and a 16.42% increase over the 52 week low of $10.78.
LAND is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). LAND's current earnings per share, an indicator of a company's profitability, is -$.25. Zacks Investment Research reports LAND's forecasted earnings growth in 2014 as 87.5%, compared to an industry average of 9.4%.
Interested in gaining exposure to LAND through an Exchange Traded Fund [ETF]?
The following ETF(s) have LAND as a top-10 holding:
- iShares FTSE EPRA/NAREIT Europe Index Fund ( IFEU )
- FlexShares Global Quality Real Estate Index Fund ( GQRE )
- iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund ( IFGL )
- iShares International Developed Property ETF ( WPS )
- Vanguard Global ex-U.S. Real Estate ETF ( VNQI ).
The top-performing ETF of this group is VNQI with an increase of 11.82% over the last 100 days. IFEU has the highest percent weighting of LAND at 7.58%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.