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Gladstone Land Announces Monthly Cash Distributions for October, November and December 2024 and Earnings Release and Conference Call Dates for the Third Quarter Ended September 30, 2024

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Gladstone Land (Nasdaq:LAND) has announced monthly cash distributions for October, November, and December 2024, as well as earnings release and conference call dates for the third quarter ended September 30, 2024. The company declared:

- Common Stock: $0.0467 per share for each month
- Series B Preferred Stock: $0.125 per share for each month
- Series C Preferred Stock: $0.125 per share for each month
- Series D Preferred Stock: $0.104167 per share for each month
- Series E Preferred Stock: $0.104167 per share for each month

Gladstone Land has paid 140 consecutive monthly cash distributions on its common stock since its IPO in January 2013 and has increased distributions 35 times over the prior 39 quarters. The company will report Q3 2024 earnings on November 6, 2024, after market close, with a conference call scheduled for November 7, 2024, at 8:30 a.m. ET.

Gladstone Land (Nasdaq:LAND) ha annunciato le distribuzioni mensili in contante per ottobre, novembre e dicembre 2024, così come le date di rilascio degli utili e delle conferenze telefoniche per il terzo trimestre conclusosi il 30 settembre 2024. L'azienda ha dichiarato:

- Azioni ordinarie: $0.0467 per azione per ciascun mese
- Azioni privilegiate di Serie B: $0.125 per azione per ciascun mese
- Azioni privilegiate di Serie C: $0.125 per azione per ciascun mese
- Azioni privilegiate di Serie D: $0.104167 per azione per ciascun mese
- Azioni privilegiate di Serie E: $0.104167 per azione per ciascun mese

Gladstone Land ha effettuato 140 distribuzioni mensili in contante consecutive sulle sue azioni ordinarie sin dal suo IPO nel gennaio 2013 e ha aumentato le distribuzioni 35 volte negli ultimi 39 trimestri. La società riporterà gli utili del Q3 2024 il 6 novembre 2024, dopo la chiusura del mercato, con una conferenza telefonica programmata per il 7 novembre 2024, alle 8:30 ET.

Gladstone Land (Nasdaq:LAND) ha anunciado distribuciones de dinero en efectivo mensuales para octubre, noviembre y diciembre de 2024, así como las fechas de publicación de ganancias y conferencias telefónicas para el tercer trimestre que terminó el 30 de septiembre de 2024. La compañía declaró:

- Acciones comunes: $0.0467 por acción para cada mes
- Acciones preferentes de serie B: $0.125 por acción para cada mes
- Acciones preferentes de serie C: $0.125 por acción para cada mes
- Acciones preferentes de serie D: $0.104167 por acción para cada mes
- Acciones preferentes de serie E: $0.104167 por acción para cada mes

Gladstone Land ha pagado 140 distribuciones mensuales de dinero en efectivo consecutivas sobre sus acciones comunes desde su OPI en enero de 2013 y ha aumentado las distribuciones 35 veces en los últimos 39 trimestres. La compañía informará sobre las ganancias del tercer trimestre de 2024 el 6 de noviembre de 2024, después del cierre del mercado, con una conferencia telefónica programada para el 7 de noviembre de 2024, a las 8:30 a.m. ET.

Gladstone Land (Nasdaq:LAND)는 2024년 10월, 11월 및 12월의 월별 현금 배당금과 2024년 9월 30일에 종료된 3분기 수익 발표 및 컨퍼런스 콜 날짜를 발표했습니다. 회사가 다음과 같이 선언했습니다:

- 보통주: 매달 주당 $0.0467
- 시리즈 B 우선주: 매달 주당 $0.125
- 시리즈 C 우선주: 매달 주당 $0.125
- 시리즈 D 우선주: 매달 주당 $0.104167
- 시리즈 E 우선주: 매달 주당 $0.104167

Gladstone Land는 2013년 1월 IPO 이후 보통주에 대해 140회의 연속 월별 현금 배당금을 지급했으며, 지난 39개 분기 동안 35회 분배를 증가시켰습니다. 이 회사는 2024년 11월 6일 시장 종료 후에 3분기 수익을 보고할 예정이며, 2024년 11월 7일 오전 8시 30분 ET에 컨퍼런스 콜이 예정되어 있습니다.

Gladstone Land (Nasdaq:LAND) a annoncé des distributions mensuelles de liquidités pour octobre, novembre et décembre 2024, ainsi que les dates de publication des résultats et d'appel de conférence pour le troisième trimestre se terminant le 30 septembre 2024. La société a déclaré :

- Actions ordinaires : 0,0467 $ par action pour chaque mois
- Actions préférentielles de série B : 0,125 $ par action pour chaque mois
- Actions préférentielles de série C : 0,125 $ par action pour chaque mois
- Actions préférentielles de série D : 0,104167 $ par action pour chaque mois
- Actions préférentielles de série E : 0,104167 $ par action pour chaque mois

Gladstone Land a versé 140 distributions mensuelles de liquidités consécutives sur ses actions ordinaires depuis son introduction en bourse en janvier 2013 et a augmenté les distributions 35 fois au cours des 39 derniers trimestres. La société publiera les résultats du T3 2024 le 6 novembre 2024, après la fermeture du marché, avec un appel de conférence prévu pour le 7 novembre 2024 à 8h30 ET.

Gladstone Land (Nasdaq:LAND) hat monatliche Barausschüttungen für Oktober, November und Dezember 2024 sowie die Termine für die Veröffentlichung der Quartalszahlen und die Telefonkonferenz zum dritten Quartal, das am 30. September 2024 endete, bekannt gegeben. Das Unternehmen hat erklärt:

- Stammaktien: $0.0467 pro Aktie und Monat
- Vorzugsaktien der Serie B: $0.125 pro Aktie und Monat
- Vorzugsaktien der Serie C: $0.125 pro Aktie und Monat
- Vorzugsaktien der Serie D: $0.104167 pro Aktie und Monat
- Vorzugsaktien der Serie E: $0.104167 pro Aktie und Monat

Gladstone Land hat seit seinem Börsengang im Januar 2013 140 aufeinanderfolgende monatliche Barausschüttungen auf seinen Stammaktien geleistet und die Ausschüttungen in den letzten 39 Quartalen 35 Mal erhöht. Das Unternehmen wird die Q3 2024-Ergebnisse am 6. November 2024 nach Marktschluss bekanntgeben, und die Telefonkonferenz ist für den 7. November 2024 um 8:30 Uhr ET angesetzt.

Positive
  • Consistent monthly cash distributions across all stock series
  • 140 consecutive monthly distributions on common stock since IPO
  • 35 increases in common stock distributions over 39 quarters
Negative
  • None.

MCLEAN, VA / ACCESSWIRE / October 8, 2024 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") announced today that its board of directors declared the following cash distributions for each of October, November and December 2024.

Monthly Cash Distributions:

Common Stock: $0.0467 per share of common stock for each of October, November and December 2024, payable per the table below:

Summary of Common Stock Cash Distributions

Record Date

Payment Date

Amount

October 22

October 31

$ 0.0467

November 20

November 29

0.0467

December 20

December 31

0.0467

Total for the Quarter:

$ 0.1401

The Company has paid 140 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 35 times over the prior 39 quarters. The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders. For more information regarding the DRIP, please visit www.GladstoneLand.com.

Series B Preferred Stock (Nasdaq:LANDO): $0.125 per share of Series B Preferred Stock for each of October, November and December 2024, payable per the table below:

Summary of Series B Preferred Stock Cash Distributions

Record Date

Payment Date

Amount

October 22

October 31

$ 0.125

November 20

November 29

0.125

December 20

December 31

0.125

Total for the Quarter:

$ 0.375

The Company has not skipped, reduced, or deferred a monthly Series B Preferred Stock distribution to date.

Series C Preferred Stock (Nasdaq:LANDP): $0.125 per share of Series C Preferred Stock for each of October, November and December 2024, payable per the table below:

Summary of Series C Preferred Stock Cash Distributions

Record Date

Payment Date

Amount

October 22

October 31

$ 0.125

November 20

November 29

0.125

December 20

December 31

0.125

Total for the Quarter:

$ 0.375

The Company has not skipped, reduced, or deferred a monthly Series C Preferred Stock distribution to date.

Series D Preferred Stock (Nasdaq:LANDM): $0.104167 per share of Series D Preferred Stock for each of October, November and December 2024, payable per the table below:

Summary of Series D Preferred Stock Cash Distributions

Record Date

Payment Date

Amount

October 22

October 31

$ 0.104167

November 20

November 29

0.104167

December 20

December 31

0.104167

Total for the Quarter:

$ 0.312501

The Company has not skipped, reduced, or deferred a monthly Series D Preferred Stock distribution to date.

Series E Preferred Stock (Unlisted): $0.104167 per share of Series E Preferred Stock for each of October, November and December 2024, payable per the table below:

Summary of Series E Preferred Stock Cash Distributions

Record Date

Payment Date

Amount

October 24

November 4

$ 0.104167

November 27

December 4

0.104167

December 23

January 3

0.104167

Total for the Quarter:

$ 0.312501

The Company has not skipped, reduced, or deferred a monthly Series E Preferred Stock distribution to date.

Earnings Announcement:

The Company also announced today that it plans to report earnings for its third quarter ended September 30, 2024, after the stock market closes on Wednesday, November 6, 2024. The Company will hold a conference call on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time to discuss its earnings results. Please call (866) 424-3437 to join the conference call. An operator will monitor the call and set a queue for questions.

A conference call replay will be available after the call and will be accessible through November 14, 2024. To hear the replay, please dial (877) 660-6853 and use playback conference number 13748841.

The live audio broadcast of the Company's conference call will also be available online at www.GladstoneLand.com.

About Gladstone Land:

Gladstone Land is a publicly-traded real estate investment trust that invests in farmland located in major agricultural markets in the U.S., which it leases to farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 168 farms, comprised of approximately 112,000 acres in 15 different states and approximately 54,000 acre-feet (about 17.6 billion gallons) of water assets in California, valued at a total of approximately $1.5 billion. Additional information can be found at www.GladstoneLand.com.

For stockholder information on Gladstone Land, call (703) 287-5893. For Investor Relations inquiries related to any of the monthly dividend-paying Gladstone funds, please visit www.GladstoneCompanies.com.

For further information: Gladstone Land Corporation, (703) 287-5893

SOURCE: Gladstone Land Corporation



View the original press release on accesswire.com

FAQ

What is Gladstone Land's (LAND) common stock distribution for Q4 2024?

Gladstone Land's common stock distribution for Q4 2024 is $0.0467 per share for each month, totaling $0.1401 for the quarter.

When will Gladstone Land (LAND) report its Q3 2024 earnings?

Gladstone Land will report its Q3 2024 earnings on Wednesday, November 6, 2024, after the stock market closes.

How many consecutive monthly cash distributions has Gladstone Land (LAND) paid on its common stock?

Gladstone Land has paid 140 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013.

What is the distribution amount for Gladstone Land's (LAND) Series B Preferred Stock in Q4 2024?

The distribution amount for Gladstone Land's Series B Preferred Stock is $0.125 per share for each month in Q4 2024, totaling $0.375 for the quarter.

Gladstone Land Corporation

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