2024-02-09 00:22:01 ET
Summary
- Gladstone Land Corporation is an agricultural REIT that owns and leases farmland across 15 states.
- The company has experienced substantial growth over the years and is conservatively financed with strong liquidity.
- The Series B Preferred stock offers a high dividend yield, and its price reflects a significant discount to liquidation preference, making it a very good fit for dividend portfolios.
Gladstone Land Corporation ( LAND ), founded in 1997 and headquartered in McLean, Virginia, is an externally managed agricultural REIT focused on owning and leasing farmland....
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Gladstone Land: The Preferreds Make More Sense For Dividend Portfolios