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    Gladstone Land Corp 6.00% Series C Cumulative Redeemable Preferred Stock
    Ticker Symbol: LANDP     CUSIP: 376549408     Exchange: NGM
    Security Type:   Traditional Preferred Stock

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Gladstone Land Corp., 6.00% Series C Cumulative Redeemable Preferred Stock , liquidation preference $25 per share, redeemable at the issuer's option prior to the later of (1) the one year anniversary of the Termination Date and (2) 06/01/24, and with no stated maturity.

    Cumulative distributions of 6.00% per annum ($1.50 per annum or $0.125 per month) will be payable monthly in arrears, on or about the 5th day of each month or such later date as our Board of Directors may designate to holders of record on the 25th of the preceding month prior to the payment date (NOTE: the ex-dividend date is one business day prior to the record date).

    Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders.

    This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.

    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Distribution Dates 15%
    Tax Rate
    NGM
    Chart
    6.00%
    $1.5
    $25.00
    $25.00
    6/01/2024
    n.a.
    NF NF
    6/08/2023
    5th day of the Month
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    No

    Goto Parent Company's Record (LAND)

    Notes:  August 24, 2022 -- Prospectus Ammendment : Pursuant to the Amended and Restated Dealer Manager Agreement, the primary offering of the Series C Preferred Stock will terminate on the date (the “Termination Date”) that is the earlier of (1) December 31, 2022 (unless earlier terminated or extended by our Board of Directors) and (2) the date on which all 10,200,000 shares of Series C Preferred Stock offered in the primary offering are sold. The offering period for the DRIP will terminate on the earlier of (1) the issuance of all 200,000 shares of Series C Preferred Stock under the DRIP and (2) the listing of the Series C Preferred Stock on the Nasdaq Global Market or another national securities exchange. Notre This Security listed on the NGM on June 08, 2023.

       Link to IPO Prospectus
    Click for current LANDP price quote from the NASDAQ

    Yahoo News Summary for LANDP
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    Company's Online Information Links
    HOME PAGE:     https://www.gladstonefarms.com/
    Company's Investor Relations Information Goto Investor Relations Information
    Company's Online News Releases Goto News Releases
    Online Company Profile Goto Online Profile

    Company's Online SEC EDGAR Filings
    Company's SEC EDGAR Filings Goto SEC Filings

    Company's Email Address Links
    Email Address land@gladstonecompanies.com
    Email Contact Form on Website Goto Email Form

    Address and Phone Numbers
    Address:   1521 Westbranch Drive, Suite 100, McLean, VA 22102
    Main Phone Number 703-287-5800
    Fax Number Not Available
    Investor Relations 703-287-5893
    CEO - David J. Gladstone CFO - Lewis Parrish

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