Gladstone Land Corporation Announces Monthly Cash Distributions for July, August and September 2016 and Second Quarter Ended ...
13 7월 2016 - 5:15AM
Gladstone Land Corporation (NASDAQ:LAND) (the “Company”) announced
today that its board of directors declared the following monthly
cash distributions and also announced its plan to report earnings
for the second quarter ended June 30, 2016:
Cash Distributions:
Common Stock: $0.04125 per share of common stock for each
of July, August and September 2016, payable per the table
below.
Summary of Common Stock Cash
Distributions: |
|
Ex-Dividend Date |
Record Date |
Payment Date |
Amount |
July
20 |
July
22 |
August
2 |
$ |
0.04125 |
|
August
18 |
August
22 |
August
31 |
|
0.04125 |
|
September
19 |
September 21 |
September 30 |
|
0.04125 |
|
Total for the Quarter: |
$ |
0.12375 |
|
|
|
|
|
The Company has paid 41 consecutive monthly cash distributions
on its common stock since its initial public offering in January
2013. The Company offers a dividend reinvestment plan (the
“DRIP”) to its common stockholders. For more information
regarding the DRIP, please visit www.gladstoneland.com.
Earnings Announcement:
The Company also announced today that it plans to report
earnings for the second quarter ended June 30, 2016, after the
stock market closes on Tuesday, August 2, 2016. The Company
will hold a conference call Wednesday, August 3, 2016, at 8:30 a.m.
EDT to discuss its earnings results. Please call (855)
363-1762 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 September 3, 2016. To hear the
replay, please dial (855) 859-2056 and use playback conference
number 29299225.
The live audio broadcast of the Company’s conference call will
be available online at www.gladstoneland.com. The event will be
archived and available for replay on the Company’s website through
October 3, 2016.
About Gladstone Land:Gladstone Land Corporation
is a publicly-traded agricultural real estate investment trust that
owns farmland and farm-related properties located in major
agricultural markets in the United States that it leases to
corporate and independent farmers. The Company currently owns
48 farms, comprised of 23,857 acres in 7 different states across
the U.S., valued at approximately $339 million. Information
on the business activities of all of the Gladstone funds can be
found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly
dividend paying Gladstone funds, please visit
www.gladstone.com.
For further information: Gladstone Land Corporation, +1-703-287-5893
Gladstone Land (NASDAQ:LAND)
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