Please note that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision. MCLEAN, Va., May 06,.
In connection with the acquisition, Gladstone Land also entered into a seven-year, triple-net lease with a local, well-respected tenant who will process all the potatoes raised on the farm at one of their own facilities. “We continue to add farms in this area due to the good water, crop diversity, and the ability to find quality tenants” said Bill Hughes, Managing Director of Gladstone Land. “This is a nice property with on-site wells and good overall access to water that will be leased to a large grower in the area,” said David Gladstone, President and CEO of Gladstone Land.
Landsvirkjun has exercised an issuer call option to redeem a bond on 28 October 2020 with ISIN: XS1311446790 of the amount of USD 50,000,000 with maturity date 28 October 2022..
Gladstone (LAND) is well positioned to outperform the market, as it exhibits above-average growth in financials.
MCLEAN, Va., May 07, 2020 -- Gladstone Land Corporation (Nasdaq: LAND) announced that as a result of technical difficulties with the earnings call provider on this morning’s.
As always we ask everyone to take the opportunity to visit our website, once again gladstonefarms.com, sign up for our email notification service, could also be found on Facebook, keyword there is The Gladstone Companies, and on Twitter the handle there is @gladstonecomps. Competition comes mostly from other farmers who had the farm next door.
According to paragraph 7 of article 3 of the Icelandic Act no. 108/2007 on Securities Transactions issuers whose securities are admitted to trading on a regulated market are required to disclose their choice of home member state. In accordance with that it is made known that Iceland is Landsvirkjun’s home member state according to paragraph 3 of article 3 of the Icelandic Act No. 108/2007 on Securities Transactions, cf.
Timbrel Capital ("Timbrel" or "the firm") today announced that it has entered into agreements to provide distribution for a series of non-listed preferred stock for each of Gladstone Land Corporation (Nasdaq: LAND) and Gladstone Commercial Corporation (Nasdaq: GOOD), real estate investment trusts that are part of the Gladstone Companies family of funds. The agreements also include providing national accounts services.
Q1 2020 Gladstone Land Corp Earnings Call - Follow-Up
Gladstone Land has been struggling lately, but the selling pressure may be coming to an end soon.
The Board of Landsvirkjun's proposal for a 10 billion ISK dividend payment to owners for the year 2019 was approved during the Annual General Meeting, held today. This amounts to just over double the amount of the previous year's dividend payments, which amounted to 4.25 billion ISK.
The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
MCLEAN, Va., April 14, 2020 -- Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) announced today that its board of directors declared the following.
Landsvirkjun has signed an agreement with US and UK institutional investors to issue USD 80 million senior unsecured notes in the US Private Placement (“USPP”) market. The issue reiterates Landsvirkjun’s focus on sustainability-linked financing, linking the pricing of the notes to the company’s carbon sequestration targets, in line with the UN's Sustainable Development Goal (“SDG”) 13 on climate action. The attractiveness of this funding opportunity was enhanced by the ability of the US and UK investors to provide short-dated notes in a favourable rate environment.
Gladstone Land Corporation (Nasdaq: LAND) (“Gladstone Land” or the “Company”) announced that it has completed its 6,000,000 share continuous registered public offering of its 6.00% Series B Cumulative Redeemable Preferred Stock (the "Series B Preferred Stock"). The Company’s first sale of shares of its Series B Preferred Stock occurred on June 25, 2018. Since our first sale in June of 2018, the proceeds raised from this preferred offering contributed to the acquisition of about $347 million of additional farms, allowing the Company to grow its total farmland ownership to about 88,000 acres valued at about $885 million.
Farming Operations: The Company does not believe the current Coronavirus pandemic has had a major impact on its operations or that of its tenant-farmers at this point in time. Farmland values are expected to remain stable, as they generally have throughout history during times of economic volatility, and rental payments from tenants leasing the Company’s farms are expected to continue on time. While sales volumes of the crops grown by our farmers have increased recently, the Company believes this is a temporary situation driven by the substantial increase in foot traffic within grocery stores as the public has been stocking up on food products, paper goods, and other necessities.
Q1 2020 Gladstone Land Corp Earnings Call
MCLEAN, Va., May 04, 2020 -- Gladstone Land Corporation (Nasdaq: LAND) announces the following event: What:Gladstone Land Corporation’s First Quarter Ended March 31, 2020,.
Gladstone (LAND) could produce exceptional returns because of its solid growth attributes.
Electricity prices decreased for those contracts that are linked to aluminium prices and Nord Pool electricity prices. Landsvirkjun’s most important task during the pandemic has been to ensure the generation and delivery of power to customers, while at the same time guaranteeing the health and safety of the company’s employees. The company recently announced a 12 billion Icelandic krona (USD 85m) contribution towards various new construction-, renovation- and maintenance projects over the next three years, in addition to offering temporary discounts on electricity prices to industrial customers, amounting to ISK 1.5 billion (USD 11m).