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LANDNASDAQMarket openCloses 4:00pm ET

Gladstone Land Corporation

$9.47Last updated
+$0.10 (1.01%)Past day
Timezone

Gladstone Land Corporation (NASDAQ: LAND) is trading at $9.47, about ₹909 at today's USD/INR rate, as of 29 Sep 2026, 10:09 AM ET, up 1.01% today. Indian residents can buy Gladstone Land from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$9.31
Previous close:$9.37
Volume:88.95K

Today's low

$9.27

Today's high

$9.52

52 week low

$7.92

52 week high

$13.00

LAND opened at $9.31, closed previously at $9.37, and has traded between $7.92 and $13.00 over the past 52 weeks.

About

Established in 1997, Gladstone Land operates as a publicly traded real estate investment trust (REIT) focused on acquiring and owning agricultural land and related properties situated in key farming regions across the United States. It leases these assets to independent third-party farmers. The company regularly reports the fair value of its farmland holdings each quarter. Presently, its portfolio consists of 127 farms, covering approximately 94,000 acres in 13 different states, with an estimated worth of $1.0 billion. A significant portion of Gladstone Land's properties are located in areas suitable for growing fresh, annual row crops, such as berries and various vegetables, which are planted and harvested annually by its tenants. Additionally, the company's holdings include farms dedicated to permanent crops like almonds, apples, figs, olives, pistachios, other orchard fruits, blueberry groves, and vineyards. These permanent crops typically have a planting cycle of 10 to over 20 years but produce annual harvests. Beyond farmland, Gladstone Land may also acquire agricultural infrastructure, including cooling facilities, processing and packaging buildings, and distribution centers. Gladstone Land provides its stockholders with monthly distributions and has maintained an unbroken record of 93 consecutive monthly cash payouts on its common stock since its initial public offering in January 2013. Demonstrating consistent growth, the company has raised these common distributions 20 times over the last 23 quarters. The current per-share distribution on its common stock is $0.0449 per month, totaling $0.5388 annually.

Country
US
CEO
David John Gladstone
Exchange listed on
NASDAQ
Industry
REIT - Specialty
Base currency
USD
Full Time Employees
75
Sector
Real Estate
IPO date
29/01/2013

Key statistics

Avg. volume

680.71K

Market cap

$408.29M

P/E Ratio

-13.15

Price-to-sales ratio

4.61

Enterprise value

$877.80M

Free cash flow yield

6.08%

Debt-to-equity ratio

0.73

Return on equity

-0.96%

ROIC

66.36%

Beta

1.08

Dividend yield

5.92%

Last dividend

$0.56

Financial overview

Revenue

$88.34M

Earnings per share

-$0.29

Free cash flow

-$168.00K

Net profit margin

-7.31%

Gross margin

-9.71%

EBITDA

$71.12M

Revenue growth

3.66%

Similar securities

This is not an investment recommendation

How to buy Gladstone Land from India

Indian residents can buy Gladstone Land shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Gladstone Land and place an order

    Find Gladstone Land by name or by its ticker, LAND, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Gladstone Land trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Gladstone Land position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Gladstone Land from India

Trading and taxes when buying Gladstone Land from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Gladstone Land’s current yield is 5.92%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Gladstone Land stock?

Yes. Gladstone Land (LAND) has been listed on NASDAQ since 2013, in the REIT - Specialty industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Gladstone Land share cost in rupees?

One Gladstone Land share is $9.47 — about ₹909 at a USD/INR rate of 96.07 on 28 Sep 2026. Both the Gladstone Land price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Gladstone Land from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Gladstone Land?

Yes. One Gladstone Land share is $9.47, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Gladstone Land.

How are gains on Gladstone Land shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Gladstone Land price. Paasa issues a capital-gains statement for your return.

Does Gladstone Land pay a dividend, and how is it taxed in India?

Yes. Gladstone Land pays a dividend and the current yield is 5.92%; the last declared dividend was $0.56 per share, about ₹53.84. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Gladstone Land from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Gladstone Land shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Gladstone Land shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Gladstone Land holding, its cost and its closing value.

How do I sell Gladstone Land and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.