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Highest Yielding Monthly Paying Preferreds
By Preferred Stock Channel Staff, updated Thursday, April 25, 3:05 AM
#30. Gladstone Land Corp | 5.00% Series D Cumulative Term Preferred Stock Due 1/31/2026 (NASDAQ:LANDM) | 5.20% CURRENT YIELD
Discount to Liquidation Preference: -3.80% | Average Discount in Category: -15.85% |
Current Annualized Yield: 5.20% | Average Yield in Category: 8.00% | Days Since Last Ex-Div Date: 23 | See Dividend History » | Categorization: Real Estate |
Series: | D | Redeemable?: | Yes | Call Date: | 1/31/2023 (Now Trading Post Call Date) | Maturity Date: | 1/31/2026 | Cumulative?: | Yes | Shares Offered: | 2,100,000 | Overallotment: | 315,000 | Liquidation Preference: | $25.00 | Recent Market Price: | $24.14 | Discount to Liquidation Preference: (More Preferreds Trading at a Discount ») | $-0.86 (-3.44%) | Annualized Dividend: | 1.250004 | Recent Ex-Date: | 5/16/2024 | Current Yield: | 5.18% | Original Coupon: | 5.00% | Pay Period: | Monthly | CDx3 Compliance Rating: |
Learn LANDM's Rating
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Gladstone Land is a holding company. Through its subsidiaries, Co. is an externally-managed, agricultural real estate investment trust that is engaged in the business of owning and leasing farmland. Co.'s farmland is concentrated in locations where farmers are able to grow either fresh produce annual row crops, which are typically planted and harvested annually, or certain permanent crops. To a much lesser extent, Co. also owns farms that grow certain commodity crops. In addition, Co. owns several farm-related facilities that are necessary to the farming operations on the underlying farmland, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. Preferreds: LANDO, LANDP, LANDM Open the LAND Information Page »
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Name: |
Gladstone Land Corp |
Website: |
www.GladstoneFarms.com |
Sector: |
REITs |
Number of ETFs Holding LAND: |
31 (see which ones) |
Total Market Value Held by ETFs: |
$86,211,750.82 |
Total Market Capitalization: |
$458,000,000 |
% of Market Cap. Held by ETFs: |
18.82% |
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