A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
Gladstone Land NASDAQ: LAND reported a second-quarter net loss of approximately $8.5 million, while management pointed to improving almond and pistachio pricing, potential revenue from re-leasing vacant acreage, and plans to continue reviewing farms for possible sales.
Gladstone Land (LAND) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.02. This compares to a loss of $0.09 per share a year ago.
Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, VA / ACCESS Newswire / August 11, 2026 / Gladstone Land Corporation (Nasdaq:LAND) ("Gladstone Land" or the "Company") today reported financial results for the second quarter ended June 30, 2026.
MCLEAN, VA / ACCESS Newswire / August 10, 2026 / Gladstone Land Corporation (Nasdaq:LAND) announces the following event: What: Gladstone Land Corporation's Second Quarter Ended June 30, 2026, Earnings Call & Webcast When: Wednesday, August 12, 2026 @ 8:30 a.m. ET Where: https://event.choruscall.com/mediaframe/webcast.html?webcastid=N1TIXnXt How: By webcast -- Log on to the web at the address above By phone -- Please call (877) 407-9046 Contact: Gladstone Land Corporation, (703) 287-5893 A conference call replay will be available after the call and will be accessible through August 19, 2026.
Gladstone Land Corporation trades with a price-to-book of 0.52 and a market cap of $367 million. LAND's credit metrics suggest a Moody's equivalent rating of B1 for the company and B3 for its preferred shares, indicating elevated risk. The common stock's 4.85% AFFO yield and preferreds' 7%+ yields are outweighed by weak credit quality and high leverage.
Gladstone Land faces rising OpEx, dividend coverage issues, and tenant concentration risks, prompting a revised 'Hold' rating. LAND's shift to crop-share agreements increased exposure to farm trends and seasonality, further pressuring AFFO and dividend sustainability. I see a necessary dividend reset to $0.30/share and a $6/share price target, reflecting required deleveraging and cost control.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies that changed their dividends. Companies with upcoming ex-dividend dates.