Gladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates
February 06 2020 - 4:30PM
Gladstone Land Corporation (Nasdaq: LAND) (the “Company”) announced
today that it plans to report earnings for the fourth quarter and
year ended December 31, 2019, after the stock market closes on
Wednesday, February 19, 2020. The Company will hold a
conference call Thursday, February 20, 2020, at 8:30 a.m. EST to
discuss its earnings results. Please call (855) 363-1762 to
join the conference call. An operator will monitor the call
and set a queue for questions.
A conference call replay will be available after the call and
will be accessible through February 27, 2020. To hear the
replay, please dial (855) 859-2056, and use playback conference
number 3596941.
The live audio broadcast of the Company’s conference call will
be available online at www.GladstoneLand.com. The event will
be archived and available for replay on the Company’s website
through April 19, 2020.
About Gladstone Land:
Founded in 1997, Gladstone Land is a publicly traded real estate
investment trust that owns farmland and farm-related properties
located in major agricultural markets across the U.S. and leases
its properties to unrelated third-party farmers. The Company
reports the fair value of its farms on a quarterly basis. The
Company currently owns 113 farms, comprised of approximately 88,000
acres in 10 different states, valued at approximately $884 million.
The farms are predominantly located in regions where its tenants
are able to grow fresh produce annual row crops, such as berries
and vegetables, which are generally planted and harvested annually.
The Company also owns farms growing permanent crops, such as
almonds, apples, figs, olives, pistachios, and other orchards, as
well as groves of blueberries and vineyards, which are generally
planted every 10 to 20-plus years and harvested annually. The
Company may also acquire property related to farming, such as
cooling facilities, processing buildings, packaging facilities, and
distribution centers. The Company pays monthly distributions to its
stockholders and has paid 84 consecutive monthly cash distributions
on its common stock since its initial public offering in January
2013. The current per-share distribution on its common stock is
$0.04465 per month, or $0.5358 per year. Additional information,
including detailed information about each of the Company’s farms,
can be found at www.GladstoneFarms.com.
Information on the business activities of all of the Gladstone
funds can be found at www.GladstoneCompanies.com. For
Investor Relations inquiries related to any of the monthly dividend
paying Gladstone funds, please visit
www.GladstoneCompanies.com.
Source: Gladstone Land Corporation
For further information: Gladstone Land Corporation,
+1-703-287-5893
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