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
ACCESS Newswire · Gladstone Land Corporation

In This Article:

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:


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