|Bid||0.00 x 1100|
|Ask||0.00 x 800|
|Day's Range||17.53 - 18.24|
|52 Week Range||17.53 - 42.10|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 07, 2022 - Nov 11, 2022|
|Forward Dividend & Yield||0.55 (2.09%)|
|Ex-Dividend Date||Aug 22, 2022|
|1y Target Est||31.71|
Growth stocks can be huge moneymakers over the long term, but they also carry a lot of risk. A much safer starting point for new investors is investing in companies with somewhat boring but reliable businesses that have a proven track record of growth and income opportunities. Plus, because REITs are required to pay 90% of taxable income in the form of dividends, they can be extremely reliable passive-income streams.
Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today announced the amendment of certain terms of the Company's $500 million continuous offering of its 6.00% Series C Cumulative Preferred Stock (the "Series C Preferred Stock") to limit total sales to no more than 10,200,000 shares (or up to $255 million) in the primary offering and to limit the number of shares to be sold under the dividend reinvestment plan to no more
Gladstone (LAND) delivered FFO and revenue surprises of -7.86% and 1.43%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?