Gladstone Land: The Preferreds Make More Sense For Dividend Portfolios

Reid Griffith/iStock via Getty Images Gladstone Land Corporation (LAND), founded in 1997 and headquartered in McLean, Virginia, is an externally managed agricultural REIT focused on owning and leasing farmland. As this is a conservatively leveraged and highly profitable landlord with strong liquidity, the 6.00% Series B Cumulative Redeemable Preferred Stock (NASDAQ:LANDO) represents a very good choice for dividend portfolios. What stands out here is the current high dividend yield, as well as the significan ...