Farmland Partners's latest quarterly cash dividend of $0.06 per share was issued to shareholders on record before Mar 28, 2024. The dividend distribution stands at $0.24 per share annually, which comes to a dividend yield of 2.23%.
FPI has a dividend yield of 2.23% which is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 6.55%, Farmland Partners's dividend yield is 66% lower. Historically FPI's dividend yield has averaged at 2.2% in the last 5 years, which is similar to the current yield.
Farmland Partners has been paying dividends for the last ten years. Our records show that FPI has distributed five dividends in the past year. This includes four regular and one special dividends. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 0.9% from a year ago, the dividend yield has a decrease of 1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 28, 2024 | Apr 15, 2024 | Feb 28, 2024 | $0.06 | normal |
| Dec 29, 2023 | Jan 16, 2024 | Oct 25, 2023 | $0.06 | normal |
| Dec 28, 2023 | Jan 12, 2024 | Dec 12, 2023 | $0.21 | special |
| Sep 29, 2023 | Oct 16, 2023 | Jul 26, 2023 | $0.06 | normal |
| Jun 30, 2023 | Jul 17, 2023 | May 3, 2023 | $0.06 | normal |
| Mar 31, 2023 | Apr 17, 2023 | Feb 22, 2023 | $0.06 | normal |
| Dec 29, 2022 | Jan 17, 2023 | Oct 24, 2022 | $0.06 | normal |
| Sep 29, 2022 | Oct 17, 2022 | Jul 26, 2022 | $0.06 | normal |
| Jun 30, 2022 | Jul 15, 2022 | May 3, 2022 | $0.06 | normal |
| Mar 31, 2022 | Apr 15, 2022 | Feb 22, 2022 | $0.05 | normal |
| Dec 31, 2021 | Jan 18, 2022 | Oct 27, 2021 | $0.05 | normal |
| Sep 30, 2021 | Oct 15, 2021 | Aug 4, 2021 | $0.05 | normal |
| Jun 30, 2021 | Jul 15, 2021 | May 13, 2021 | $0.05 | normal |
| Mar 31, 2021 | Apr 15, 2021 | Feb 16, 2021 | $0.05 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Nov 9, 2020 | $0.05 | normal |
| Sep 30, 2020 | Oct 15, 2020 | Aug 10, 2020 | $0.05 | normal |
| Jun 30, 2020 | Jul 15, 2020 | May 7, 2020 | $0.05 | normal |
| Mar 31, 2020 | Apr 15, 2020 | Mar 11, 2020 | $0.05 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Nov 11, 2019 | $0.05 | normal |
| Sep 30, 2019 | Oct 15, 2019 | Aug 6, 2019 | $0.05 | normal |
| Jun 28, 2019 | Jul 15, 2019 | May 8, 2019 | $0.05 | normal |
| Mar 29, 2019 | Apr 15, 2019 | Mar 5, 2019 | $0.05 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Nov 5, 2018 | $0.05 | normal |
| Sep 28, 2018 | Oct 15, 2018 | Aug 8, 2018 | $0.05 | normal |
| Jun 29, 2018 | Jul 16, 2018 | May 9, 2018 | $0.128 | normal |
| Mar 29, 2018 | Apr 16, 2018 | Feb 20, 2018 | $0.128 | normal |
| Dec 29, 2017 | Jan 16, 2018 | Nov 8, 2017 | $0.128 | normal |
| Sep 29, 2017 | Oct 13, 2017 | Jul 19, 2017 | $0.128 | normal |
| Jun 28, 2017 | Jul 14, 2017 | May 8, 2017 | $0.128 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Feb 22, 2017 | $0.128 | normal |
| Dec 28, 2016 | Jan 13, 2017 | $0.128 | normal | |
| Sep 28, 2016 | Oct 14, 2016 | Aug 3, 2016 | $0.128 | normal |
| Jun 29, 2016 | Jul 15, 2016 | May 9, 2016 | $0.128 | normal |
FPI has a payout ratio of 43.6% which is lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 137.9%, Farmland Partners's payout ratio is 68% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AGRO Adecoagro S.A. | 2.98% | $0.33 | 15.5% |
| FPI Farmland Partners Inc | 2.23% | $0.24 | 43.6% |
| DD DuPont de Nemours Inc | 1.98% | $1.46 | 155.3% |
| COR Cencora Inc. | 0.83% | $1.99 | 21.4% |
Yes, Farmland Partners has paid five dividends in the last twelve months. FPI has been paying dividends since 2014.
FPI hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in June 2024.
Farmland Partners's last regular dividend was on Mar 28, 2024 (ex-date) with the amount of $0.06 per share.
FPI has paid dividend of $0.24 per share in the last year.
The current dividend yield of Farmland Partners is 2.23%.
Farmland Partners pays dividends quarterly.
Farmland Partners's dividend payout ratio is 43.6%.
Farmland Partners's dividend yield is below the Real Estate sector average.