Gladstone Land Corporation Announces Fourth Quarter and Year End Earnings Release and Conference Call Dates
31 January 2018 - 12:15PM
Gladstone Land Corporation (NASDAQ:LAND) (the “Company”) announced
today that it plans to report earnings for the fourth quarter and
year ended December 31, 2017, after the stock market closes on
Tuesday, February 20, 2018. The Company will hold a conference
call Wednesday, February 21, 2018, 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 28, 2018. To hear the replay,
please dial (855) 859-2056, and use playback conference number
54452575.
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 21, 2018.
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, and pays monthly
distributions to its stockholders. The Company reports the current
fair value of its farmland on a quarterly basis; as of September
30, 2017, its estimated net asset value was $14.15 per share.
Gladstone Land currently owns 73 farms, comprised of 63,014 acres
in 9 different states across the U.S., valued at approximately $534
million. Its acreage is predominantly concentrated in locations
where its tenants are able to grow fresh produce annual row crops,
such as berries and vegetables, which are generally planted and
harvested annually; as well as permanent crops, such as almonds,
blueberries, and pistachios, which are planted every 10 to 20-plus
years. The Company also may acquire property related to farming,
such as cooling facilities, processing buildings, packaging
facilities, and distribution centers. Gladstone Land has paid 59
consecutive monthly cash distributions on its common stock since
its initial public offering in January 2013, and the current
per-share distribution on its common stock is $0.04425 per month,
or $0.531 per year. Additional information can be found at
www.GladstoneLand.com and 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.Gladstone.com.
Source: Gladstone Land Corporation
For further information: Gladstone Land Corporation,
+1-703-287-5893
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