Gladstone Land Corp., 6.00% Series B Cumulative Redeemable Preferred Stock - anybody own this CUSI | Preferreds Message Board Posts

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Msg  359 of 374  at  7/17/2019 2:47:40 PM  by

E_K_S


 In response to msg 357 by  lumpygravy
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Re: Gladstone Land Corp., 6.00% Series B Cumulative Redeemable Preferred Stock - anybody own this CUSIP?

I am still researching this and agree w/ you why they have these terms (I may not be reading/interpreting them), so next step is to dig into their prospectus.
 
I think the 6% yield monthly is fair and company does not have too much debt.  Payments are secured by their land rents.
 
Thanks for your feedback  . . probably best to move on.
 
EKS 


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