Welcome to our dedicated page for Gladstone Land news (Ticker: LAND), a resource for investors and traders seeking the latest updates and insights on Gladstone Land stock.
Gladstone Land Corporation reports recurring developments as a publicly traded agricultural real estate investment trust that purchases farms and farm-related properties and leases them to farmers. Its news centers on farmland leasing, participation rents, crop-sale activity, property sales, water assets, and operating results measured with REIT metrics such as FFO, CFFO, and AFFO.
Company updates also cover monthly cash distributions on common and preferred stock, preferred-stock redemptions and listing status, at-the-market common stock activity, earnings releases, and conference calls. The business is tied to farmland in major U.S. agricultural markets, including properties used for fresh produce, annual row crops, permanent crops, and, to a lesser extent, commodity crops.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Landis+Gyr (OTC-PINK: LDGYY, SIX: LAND) has signed a contract with EPCOR Water to implement advanced metering infrastructure (AMI) for approximately 270,000 water meters in Edmonton. The contract encompasses RF Mesh Series 5 water modules, software upgrades, and enhanced network security, utilizing the existing RF mesh network that supports 435,000 electric meters. The project, which aims to enhance leak detection and monitoring capabilities, is expected to be completed by the end of 2025. This implementation is part of Landis+Gyr's Gridstream® Connect platform, which connects intelligent devices and optimizes resource management.
Landis+Gyr (SIX: LAND) has entered into a significant agreement with EPCOR Water to deploy Advanced Metering Infrastructure (AMI) technology for approximately 270,000 water meters in Edmonton. This contract involves the installation of RF Mesh Series 5 water modules and software enhancements, which will utilize EPCOR's existing RF mesh network that supports around 435,000 electric meters. The project is anticipated to be completed by the end of 2025.
The Gridstream® Connect platform not only enables efficient water resource monitoring but also supports advanced features such as leak detection and tamper alerts. Landis+Gyr aims to enhance EPCOR's service delivery and operational efficiency through this partnership, as stated by VP Chuck Yechout.
Gladstone Land Corporation (NASDAQ: LAND) declared cash distributions for April, May, and June 2023, maintaining its monthly dividend rate of $0.046 per share for common stock, totaling $0.138 for the quarter. The REIT has consistently paid dividends for 122 consecutive months and increased distributions 30 times over the last 33 quarters.
For preferred stocks, distributions are set at $0.125 for Series B and C, with a total of $0.375 for each series for the quarter. Series D and E preferred stocks will pay $0.104167 each, totaling $0.312501 for the quarter. The Company is due to release its first-quarter earnings after market close on May 8, 2023, followed by a conference call on May 9.