Gladstone Land Corporation ( LAND ) will begin trading ex-dividend on December 12, 2013. A cash dividend payment of $0.45 per share is scheduled to be paid on December 31, 2013. Shareholders who purchased LAND stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 275% increase over the prior month. At the current stock price of $16.31, the dividend yield is 33.1%.
The previous trading day's last sale of LAND was $16.31, representing a -12.95% decrease from the 52 week high of $18.74 and a 16.51% increase over the 52 week low of $14.
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 $.07.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.