Canadian Airlines Suspend Cuba Flights Amid Jet Fuel Shortage and U.S. Sanctions 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances 
Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Amazon Explores AI Content Marketplace With Media Publishers 
FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates 
Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion 
Macquarie Group Shares Jump as Third-Quarter Trading Conditions Improve Across Key Units 
Petrobras Posts Record Oil Exports as Production Surge Fuels Global Expansion 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
Lyft Shares Slide After Weak Q1 Profit Forecast and Surprise 2025 Operating Loss 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
Ralph Lauren Unveils Elegant Fall 2026 Women’s Collection Ahead of New York Fashion Week 
AST SpaceMobile Joins MSCI ACWI Index as Largest New Addition, Boosting Market Visibility 
MCLEAN, Va., Jan. 09, 2018 -- Gladstone Land Corporation (NASDAQ:LAND) (“Gladstone Land” or the “Company”) announced today that its board of directors declared the following cash distributions for each of January, February, and March 2018.
Monthly Cash Distributions:
Common Stock: $0.04425 per share of common stock for each of January, February, and March 2018, representing a 0.3% increase over the prior quarter, payable per the table below:
| Summary of Common Stock Cash Distributions | |||
| Record Date | Payment Date | Amount | |
| January 22 | January 31 | $ 0.04425 | |
| February 16 | February 28 | 0.04425 | |
| March 20 | March 30 | 0.04425 | |
| Total for the Quarter: | $ 0.13275 | ||
The Company has paid 59 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions nine times over the prior 36 months. The Company offers a dividend reinvestment plan (the “DRIP”) to its common stockholders; for more information regarding the DRIP, please visit www.GladstoneLand.com.
Series A Preferred Stock (NASDAQ:LANDP): $0.1328125 per share of Series A Preferred Stock for each of January, February, and March 2018, payable per the table below:
| Summary of Series A Preferred Stock Cash Distributions | |||
| | |||
| Record Date | Payment Date | Amount | |
| January 22 | January 31 | $ 0.1328125 | |
| February 16 | February 28 | 0.1328125 | |
| March 20 | March 30 | 0.1328125 | |
| Total for the Quarter: | $ 0.3984375 | ||
The Company has not skipped, reduced or deferred a monthly Series A Preferred Stock distribution to date.
About Gladstone Land:
Gladstone Land is a publicly-traded real estate investment trust that invests in farmland located in major agricultural markets in the U.S., which it leases to farmers. The Company currently owns 73 farms, comprised of 63,014 acres in 9 different states across the U.S., valued at approximately $534 million. Additional information can be found at www.GladstoneLand.com and www.GladstoneFarms.com.
For stockholder information on Gladstone Land, call (703) 287-5893. For Investor Relations inquiries related to any of the monthly dividend-paying Gladstone funds, please visit www.Gladstone.com.
Source: Gladstone Land Corporation
For further information: Gladstone Land Corporation, +1-703-287-5893
