Gladstone Land Corp D
D
LAND
8.88500
USD
0.00
(0.00%)
Market Closed
Last updated: · Delayed 15 min
Volume
11,992
EPS
-1
Div Yield
6.32
P/E
-12
Market Cap
383,268,451
Title: Gladstone Land Corp
Sector: Real Estate
Industry: REIT - Specialty
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment: Real Estate Rental Operations. It is focused on the ownership of farms and farm-related properties that are leased on a triple-net basis to tenants with a good operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either freshproduce or annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also owns farms that grow certain commodity crops (e.g., corn and beans).