Gladstone Land Corporation Announces Common Stock Monthly Cash Distributions for April, May and June 2014 and First Quarter Earnings Release and Conference Call Dates

PR Newswire

MCLEAN, Va., April 8, 2014 /PRNewswire/ -- Gladstone Land Corporation (LAND) (the "Company") announced today that its board of directors declared the following monthly cash distributions:

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Gladstone Land Corporation

Cash Distributions:

Common Stock:  $0.03 per share of common stock for each of April, May and June 2014, payable per the table below.  The Company has paid 14 consecutive monthly cash distributions on its common stock.

Summary of Common Stock Cash Distributions:


Ex-Dividend

Date

Record Date

Payment Date

Amount

April 16

April 21

April 30

$ 0.03

May 16

May 20

May 30

0.03

June 17

June 19

June 30

0.03

Total for the Quarter:

$ 0.09

The Company offers a dividend reinvestment plan (the "DRIP") to its common stockholders.  For more information regarding the DRIP, please visit www.gladstoneland.com.

Earnings Announcement:

The Company also announced today that it plans to report earnings for the fiscal quarter March 31, 2014, after the stock market closes on Monday, May 5, 2014. The Company will hold a conference call Tuesday May 6, 2014 at 8:30 a.m. EDT to discuss its earnings results.  Please call (855) 363-1762 to and enter conference ID 24411406 to join the conference call.  An operator will monitor the call and set a queue for questions.

A conference call replay will be available after the call and will be accessible through June 6, 2014.  To hear the replay, please dial (800) 585-8367 and use playback conference number 24411406.

The live audio broadcast of the Company's conference call will be available online at www.gladstoneland.com. The event will be archived and available for replay on the Company's website through July 6, 2014.

Gladstone Land Corporation is a publicly-traded agricultural real estate company that owns farmland and farm-related properties located in major agricultural markets in the United States that it leases to corporate and independent farmers.  The Company currently owns 21 farms appraised at approximately $116 million.  Information on the business activities of all of the Gladstone funds can be found at www.gladstonecompanies.com.

For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.

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