- Q4 AFFO of $2M or $0.138 per share vs. $1.9M and $0.139 in Q3. Distribution of $0.132.
- Net asset value per share of $13.96 dips from $14.15.
- Farms owned up to 73 from 58 last year; acres up to 63K from 51K last year; occupancy rate stays at 100%.
- Management noted 2017 was a strong year, with $129M of new farms, and a consistent increase in distributions to shareholders.
- Previously: Gladstone Land FFO of $0.125 (Feb. 20).
- LAND flat after hours
Gladstone invests $129M into farmland in 2017
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Symbol | Last Price | % Chg |
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LAND | - | - |
Gladstone Land Corporation |