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Stock impact report

Gladstone Land: Why I'm Buying The Series B Preferreds [Seeking Alpha]

Gladstone Land Corporation (LAND) 
Last gladstone land corporation earnings: 2/19 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gladstoneland.com
Company Research Source: Seeking Alpha
The REIT has maintained its monthly common share distributions, with the yield expanding as investors are faced with one of the most attractive debt maturity walls in the REIT industry. The LANDO Series B preferreds pay a current yield of 7.88%, a 370 basis point spread to the U.S. 10-year Treasury yield, and trade at a 23.5% discount to liquidation value. P_Wei/iStock via Getty Images Gladstone Land Corporation's ( LAND ) Series B Cumulative Preferreds ( LANDO ) offer a mix of strong capital upside and an elevated income yield backed by a portfolio of high-quality U.S. farmland. LAND owns 148 farms totaling This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of LANDO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is Show less Read more
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