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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
09/09/2024 |
$21.19 |
$21.44 |
$21.08 |
$21.27 |
22.70K | 09/10/2024 |
$21.39 |
$21.43 |
$21.10 |
$21.12 |
19.50K | 09/11/2024 |
$21.17 |
$21.31 |
$20.97 |
$21.30 |
52.60K | 09/12/2024 |
$21.30 |
$21.78 |
$21.30 |
$21.71 |
45.60K | 09/13/2024 |
$21.96 |
$22.63 |
$21.93 |
$22.49 |
53.20K |
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Gladstone Land is a holding company. Through its subsidiaries, Co. is an externally-managed, agricultural real estate investment trust that is engaged in the business of owning and leasing farmland. Co.'s farmland is concentrated in locations where farmers are able to grow either fresh produce annual row crops, which are typically planted and harvested annually, or certain permanent crops. To a much lesser extent, Co. also owns farms that grow certain commodity crops. In addition, Co. owns several farm-related facilities that are necessary to the farming operations on the underlying farmland, such as cooling facilities, packinghouses, processing facilities, and various storage facilities. | |
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Gladstone Land - 6.00% Series C Cumula (LANDP) has the following price history information. Looking back at LANDP historical stock prices for the last five trading days, on September 09, 2024, LANDP opened at $21.19, traded as high as $21.44 and as low as $21.08, and closed at $21.27. Trading volume was a total of 22.70K shares. On September 10, 2024, LANDP opened at $21.39, traded as high as $21.43 and as low as $21.10, and closed at $21.12. Trading volume was a total of 19.50K shares. On September 11, 2024, LANDP opened at $21.17, traded as high as $21.31 and as low as $20.97, and closed at $21.30. Trading volume was a total of 52.60K shares. On September 12, 2024, LANDP opened at $21.30, traded as high as $21.78 and as low as $21.30, and closed at $21.71. Trading volume was a total of 45.60K shares. On September 13, 2024, LANDP opened at $21.96, traded as high as $22.63 and as low as $21.93, and closed at $22.49. Trading volume was a total of 53.20K shares.
LANDP Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Gladstone Land - 6.00% Series C Cumula shares, starting with a $10,000 purchase of LANDP, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
06/08/2023 |
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End date: |
09/13/2024 |
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Start price/share: |
$20.78 |
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End price/share: |
$22.49 |
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Starting shares: |
481.23 |
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Ending shares: |
529.62 |
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Dividends reinvested/share: |
$1.88 |
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Total return: |
19.11% |
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Average Annual Total Return: |
14.78% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,910.77 |
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Years: |
1.27 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
06/08/2023 |
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End date: |
09/13/2024 |
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Start price/share: |
$20.78 |
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End price/share: |
$22.49 |
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Dividends collected/share: |
$1.88 |
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Total return: |
17.25% |
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Average Annual Total Return: |
13.37% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$11,725.48 |
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Years: |
1.27 |
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Date |
Close |
09/09/2024 | $21.27 | 09/10/2024 | $21.12 | 09/11/2024 | $21.30 | 09/12/2024 | $21.71 | 09/13/2024 | $22.49 |
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