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Gladstone Land (Gladstone Land) 3-Year Dividend Growth Rate : 1.00% (As of Dec. 2023)


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What is Gladstone Land 3-Year Dividend Growth Rate?

Gladstone Land's Dividends per Share for the three months ended in Dec. 2023 was $0.14.

The historical rank and industry rank for Gladstone Land's 3-Year Dividend Growth Rate or its related term are showing as below:

LAND' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -25.2   Med: 0.9   Max: 12.9
Current: 1

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Gladstone Land was 12.90% per year. The lowest was -25.20% per year. And the median was 0.90% per year.

LAND's 3-Year Dividend Growth Rate is ranked worse than
57.79% of 507 companies
in the REITs industry
Industry Median: 2.1 vs LAND: 1.00

During the past 12 months, Gladstone Land's average Dividends Per Share Growth Rate was 1.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.00% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Gladstone Land's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00. As of today, Gladstone Land's Dividend Yield % is 4.40%.

Good Sign:

Gladstone Land Corp stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Gladstone Land's 3-Year Dividend Growth Rate

For the REIT - Specialty subindustry, Gladstone Land's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gladstone Land's 3-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gladstone Land's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Gladstone Land's 3-Year Dividend Growth Rate falls into.



Gladstone Land 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Gladstone Land  (NAS:LAND) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Gladstone Land's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.139/ -0.105
=N/A

During the past 13 years, the highest Dividend Payout Ratio of Gladstone Land was 52.14. The lowest was 3.55. And the median was 7.00.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Gladstone Land Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0472024-04-182024-04-192024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472024-03-202024-03-212024-03-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472024-02-202024-02-212024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0472024-01-222024-01-232024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-12-152023-12-182023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-11-172023-11-202023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-10-192023-10-202023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-09-202023-09-212023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-08-222023-08-232023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-07-202023-07-212023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-06-202023-06-212023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0462023-05-222023-05-232023-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Gladstone Land's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.556/12.64
=4.40 %

Current Share Price is $12.64.
Gladstone Land's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.556.

During the past 13 years, the highest Dividend Yield of Gladstone Land was 9.66%. The lowest was 1.18%. And the median was 4.05%.

Good Sign:

Gladstone Land Corp stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gladstone Land 3-Year Dividend Growth Rate Related Terms>


Gladstone Land (Gladstone Land) Business Description

Industry
Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
Executives
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Licalsi other: Internal Counsel and Secretary 1521 WESTBRANCH DR., MCLEAN VA 22102
Lewis Parrish officer: CFO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone director, 10 percent owner, officer: Chief Executive Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Jay Beckhorn officer: Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
John Dellafiora other: Chief Compliance Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Terry Earhart director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
John Reilly director 1521 WESTBRANCH DR., STE. 200, MCLEAN VA 22102
Anthony W Parker director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
John H Outland director