MCLEAN, Va., Oct. 25, 2016 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ:LAND) (“Gladstone Land” or the "Company") announced today that it will be presenting at the Sidoti & Company Fall 2016 Emerging Growth Convention in New York City.
| Event: | Sidoti & Company Fall 2016 Emerging Growth Convention | |
| When: | Tuesday, November 1, 2016 | |
| Where: | New York Marriott Marquis – 5th Floor |
A Managing Director of the Company and its CFO are scheduled to deliver a presentation at 11:00 a.m. (EDT). Investors interested in attending and scheduling a one-on-one meeting with management may click on the link here.
About the Sidoti & Company Emerging Growth Convention: The Sidoti & Company Fall 2016 Emerging Growth Convention will focus on companies with market capitalizations of $600 million and less, connecting their executive management teams with institutional and high-net-worth investors, while building interest and visibility into the most overlooked, undervalued segment of the equity market.
About Sidoti & Company, LLC: Sidoti & Company, founded in 1999, is Wall Street’s preeminent provider of equity research, generally focused on companies with market capitalizations of under $3 billion. Sidoti & Company’s approach affords institutional investor clients a combination of high-quality research of over 250 companies, a small- and micro-cap company-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti & Company serves nearly 500 institutional clients in the U.S., Canada, and the U.K., including many leading managers of portfolios with $200 million to $2 billion of assets. They also host a biannual Emerging Growth Convention in New York and are a provider of company sponsored research. For more information, please refer to Sidoti.com.
About Gladstone Land Corporation: Gladstone Land is a publicly-traded real estate investment trust that invests in farmland located in major agricultural markets in the U.S., which it leases to farmers, and pays monthly distributions to its stockholders. The Company intends to report the current fair value of its farmland on a quarterly basis; as of June 30, 2016, the estimated net asset value of the Company was $13.68 per share. Gladstone Land currently owns 57 farms, comprised of 33,997 acres in 7 different states across the U.S., valued at approximately $384 million. Its acreage is predominantly concentrated in locations where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are planted and harvested annually or more frequently; as well as permanent crops, such as almonds, blueberries, and pistachios, which are planted every 10 to 20-plus years. The Company also may acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land has paid 44 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution on its common stock is $0.0425 per month, or $0.51 per year. Additional information can be found at www.GladstoneLand.com and www.GladstoneFarms.com.
Owners or brokers who have farmland for sale in the U.S. should contact:
Eastern U.S. – Bill Frisbie at (703) 287-5839 or bill.f@gladstoneland.com
Western U.S. – Bill Reiman at (805) 263-4778 or bill.r@gladstoneland.com
Midwest U.S. – Bill Hughes at (618) 606-2887 or bill.h@gladstoneland.com
For stockholder information on Gladstone Land, call (703) 287-5893. For Investor Relations inquiries related to any of the monthly dividend-paying Gladstone funds, please visit www.Gladstone.com.