Gladstone Land Co. ( NASDAQ:LANDO – Get Free Report ) announced a monthly dividend on Tuesday, July 11th, Wall Street Journal reports. Shareholders of record on Thursday, September 21st will be paid a dividend of 0.125 per share on Friday, September 29th. This represents a $1.50 dividend on an annualized basis and a yield of 7.90%. The ex-dividend date is Wednesday, September 20th. Gladstone Land Stock Performance Shares of NASDAQ:LANDO opened at $18.98 on Monday. The stock's fifty day simple moving average is $19.

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