Gladstone Land: You Shouldn't Get 7.5% Yield On Preferreds, Yet Here We Are
Portfolio Pulse from
Gladstone Land's Q4-2024 performance was disappointing with a 37% decline in FFO. Despite this, the company is upgrading its common shares and prefers its preferred shares due to the 7.5% yield.
February 26, 2025 | 11:00 am
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Gladstone Land reported a disappointing Q4-2024 with a 37% decline in FFO. The company is upgrading its common shares and prefers its preferred shares due to a 7.5% yield.
The 37% decline in FFO is a negative indicator for Gladstone Land's financial health. However, the company's decision to upgrade its common shares and the attractive yield on preferred shares may offset some negative sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100