Farmland Partners Inc.

Farmland Partners Inc.

FPIยทNYSE

$10.28

-1.0%
Real EstateREIT - Specialty

Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 155,000 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.

At a Glance

Live Snapshot
Market Cap$448.17M
EPS0.7100
P/E Ratio14.47
Earnings Date07/22/2026
2.31%
Dividend Yield
283%
3Y+106.0%
5Y+9.0%
10Y+99.0%
1750.63%
Dividend Payout Ratio
14401%
3Y+354.0%
5Y+472.0%
10Y+858.0%
3Y+73.0%
5Y+55.0%
10Y+603.0%
Farmland Partners Inc.

Farmland Partners Inc. Dividend History

FPI ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

FPI Dividend Payment History

FPI ยท NYSE

Total Payments

50

Latest Dividend

$0.0900

Annual Amount

$0.5600

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 28, 2026
Jul 1, 2026Jul 15, 2026
$0.0900
$0.0900
Quarterly0.00%
Feb 17, 2026
Apr 1, 2026Apr 15, 2026
$0.0900
$0.0900
Quarterly+50.00%
Oct 28, 2025
Jan 2, 2026Jan 15, 2026
$0.0600
$0.0600
Quarterly-70.00%
Dec 15, 2025
Dec 23, 2025Jan 7, 2026
$0.2000
$0.2000
Quarterly+233.33%
Jul 22, 2025
Oct 1, 2025Oct 15, 2025
$0.0600
$0.0600
Quarterly0.00%
May 6, 2025
Jul 1, 2025Jul 15, 2025
$0.0600
$0.0600
Quarterly0.00%
Feb 18, 2025
Apr 1, 2025Apr 15, 2025
$0.0600
$0.0600
Quarterly0.00%
Oct 30, 2024
Jan 2, 2025Jan 15, 2025
$0.0600
$0.0600
Quarterly-94.78%
Dec 13, 2024
Dec 23, 2024Jan 8, 2025
$1.1500
$1.1500
Quarterly+1816.67%
Jul 24, 2024
Oct 1, 2024Oct 15, 2024
$0.0600
$0.0600
Quarterly0.00%
Apr 30, 2024
Jul 1, 2024Jul 15, 2024
$0.0600
$0.0600
Quarterly0.00%
Feb 28, 2024
Apr 1, 2024Apr 15, 2024
$0.0600
$0.0600
Quarterly0.00%
Oct 25, 2023
Jan 2, 2024Jan 16, 2024
$0.0600
$0.0600
Quarterly0.00%
Jul 26, 2023
Oct 2, 2023Oct 16, 2023
$0.0600
$0.0600
Quarterly0.00%
May 3, 2023
Jul 3, 2023Jul 17, 2023
$0.0600
$0.0600
Quarterly0.00%
Feb 22, 2023
Apr 3, 2023Apr 17, 2023
$0.0600
$0.0600
Quarterly0.00%
Oct 24, 2022
Jan 2, 2023Jan 17, 2023
$0.0600
$0.0600
Quarterly0.00%
Jul 26, 2022
Oct 1, 2022Oct 17, 2022
$0.0600
$0.0600
Quarterly0.00%
May 3, 2022
Jul 1, 2022Jul 15, 2022
$0.0600
$0.0600
Quarterly+20.00%
Feb 22, 2022
Apr 1, 2022Apr 15, 2022
$0.0500
$0.0500
Quarterly0.00%
Oct 27, 2021
Jan 3, 2022Jan 18, 2022
$0.0500
$0.0500
Quarterly0.00%
Aug 4, 2021
Oct 1, 2021Oct 15, 2021
$0.0500
$0.0500
Quarterly0.00%
May 13, 2021
Jul 1, 2021Jul 15, 2021
$0.0500
$0.0500
Quarterly0.00%
Feb 16, 2021
Apr 1, 2021Apr 15, 2021
$0.0500
$0.0500
Quarterly0.00%
Nov 9, 2020
Jan 1, 2021Jan 15, 2021
$0.0500
$0.0500
Quarterly0.00%
Aug 10, 2020
Oct 1, 2020Oct 15, 2020
$0.0500
$0.0500
Quarterly0.00%
May 7, 2020
Jul 1, 2020Jul 15, 2020
$0.0500
$0.0500
Quarterly0.00%
Mar 11, 2020
Apr 1, 2020Apr 15, 2020
$0.0500
$0.0500
Quarterly0.00%
Nov 11, 2019
Jan 1, 2020Jan 15, 2020
$0.0500
$0.0500
Quarterly0.00%
Aug 6, 2019
Oct 1, 2019Oct 15, 2019
$0.0500
$0.0500
Quarterly0.00%
May 8, 2019
Jul 1, 2019Jul 15, 2019
$0.0500
$0.0500
Quarterly0.00%
Mar 5, 2019
Apr 1, 2019Apr 15, 2019
$0.0500
$0.0500
Quarterly0.00%
Nov 5, 2018
Jan 1, 2019Jan 15, 2019
$0.0500
$0.0500
Quarterly0.00%
Aug 8, 2018
Oct 1, 2018Oct 15, 2018
$0.0500
$0.0500
Quarterly-60.94%
May 9, 2018
Jul 2, 2018Jul 16, 2018
$0.1280
$0.1280
Quarterly0.00%
Feb 20, 2018
Apr 2, 2018Apr 16, 2018
$0.1280
$0.1280
Quarterly0.00%
Nov 8, 2017
Jan 2, 2018Jan 16, 2018
$0.1280
$0.1280
Quarterly0.00%
Jul 20, 2017
Oct 2, 2017Oct 13, 2017
$0.1280
$0.1280
Quarterly0.00%
N/A
Jun 30, 2017Jul 14, 2017
$0.1280
$0.1280
Quarterly0.00%
Feb 22, 2017
Apr 1, 2017Apr 14, 2017
$0.1280
$0.1280
Quarterly0.00%
Nov 2, 2016
Jan 2, 2017Jan 13, 2017
$0.1280
$0.1280
Quarterly0.00%
Aug 3, 2016
Sep 30, 2016Oct 14, 2016
$0.1280
$0.1280
Quarterly0.00%
May 9, 2016
Jul 1, 2016Jul 15, 2016
$0.1280
$0.1280
Quarterly0.00%
Mar 14, 2016
Apr 1, 2016Apr 15, 2016
$0.1280
$0.1280
Quarterly0.00%
Nov 23, 2015
Jan 4, 2016Jan 15, 2016
$0.1280
$0.1280
Quarterly0.00%
Aug 12, 2015
Oct 1, 2015Oct 15, 2015
$0.1280
$0.1280
Quarterly0.00%
Jun 3, 2015
Jul 1, 2015Jul 15, 2015
$0.1280
$0.1280
Quarterly+10.34%
Feb 25, 2015
Apr 1, 2015Apr 15, 2015
$0.1160
$0.1160
Quarterly0.00%
Nov 20, 2014
Jan 2, 2015Jan 15, 2015
$0.1160
$0.1160
Quarterly+10.48%
Aug 6, 2014
Oct 1, 2014Oct 15, 2014
$0.1050
$0.1050
Quarterly-
fpi

Farmland Partners Inc. Payout Ratio Analysis

FPI ยท NYSE
Dividends Paid
-63.74M
2025
Net Income
31.55M
2025
Payout Ratio
202.07%
2025

Dividend Sustainability Analysis

Payout Ratio
202.07%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
365.8%

FCF insufficient to cover dividends. Company relying on borrowing, asset sales, or cash reserves to maintain payout. Unsustainable long-term.

Dividend Growth
-159.1%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
At Risk

Dividend appears unsustainable based on current metrics. High probability of reduction or elimination. Proceed with caution.

Key Insight

Unsustainable dividend: Company paying out more than it generates in earnings or free cash flow. Dividend cut highly probable unless management takes corrective action or earnings recover dramatically.