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On 6/18/24, Gladstone Land Corp's 6.00% Series C Cumulative Redeemable Preferred Stock (Symbol: LANDP) will trade ex-dividend, for its monthly dividend of $0.125, payable on 6/28/24. As a percentage of LANDP's recent share price of $20.77, this dividend works out to approximately 0.60%, so look for shares of LANDP to trade 0.60% lower — all else being equal — when LANDP shares open for trading on 6/18/24. On an annualized basis, the current yield is approximately 7.16%, which compares to an average yield of 7.87% in the "Real Estate" preferred stock category, according to Preferred Stock Channel. The chart below shows the one year performance of LANDP shares, versus LAND:

Below is a dividend history chart for LANDP, showing historical dividends prior to the most recent $0.125 on Gladstone Land Corp's 6.00% Series C Cumulative Redeemable Preferred Stock:

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In Friday trading, Gladstone Land Corp's 6.00% Series C Cumulative Redeemable Preferred Stock (Symbol: LANDP) is currently down about 0.9% on the day, while the common shares (Symbol: LAND) are down about 0.6%.

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