Gladstone Land Corporation (NASDAQ:LAND) Updates On Dividend Release Date


On 2016-07-18, Gladstone Land Corporation (NASDAQ:LAND) confirmed the dividend disbursement of $0.041 a share to shareholders as on record 2016-09-21. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-19.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Gladstone Land Corporation (NASDAQ:LAND) paid a total of $0.041 per share in dividends. This figure stood at $0.041 a share in the same period a year ago indicating a deviation of 29.1667%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $13.75 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $16 and $12, respectively.

Taking the mathematical rating formula, the price for Gladstone Land Corporation (NASDAQ:LAND) stands at 1.5. Earnings Review Gladstone Land Corporation (NASDAQ:LAND) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.14.

Coming to the quarter ending on 2015-12-31, Gladstone Land Corporation (NASDAQ:LAND) recorded EPS of $0.14. The reported numbers came lower than the analysts’ estimates of $0.14, demonstrating a miss of $0 as against reported figures.

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