Gladstone Land Offers A 6.65-7% Yield (To Maturity) On Its Preferred Equity
LANDGladstone Land(LAND) Seeking Alpha·2024-07-20 23:40
cturtletrax/iStock via Getty Images Introduction Gladstone Land (NASDAQ:LAND) is a REIT focusing on owning farmland which it leases to farmers. It's not exposed to successful or disappointing harvests other than the impact it has on the tenants. In my previous articles I focused on the Series D preferred shares which has a mandatory call date in January 2026. As that date is coming closer and as the share price of the Series D is slowly moving up in anticipation of the call date, I wanted to check up on ...