FPI Farmland Partners Inc. — dividend yield, history & ex-dividend dates
Farmland Partners Inc. functions as an internally managed real estate enterprise, primarily focused on acquiring and holding premium North American agricultural land. The company also provides secured loans to farmers, collateralized by their farm real estate. As of the most recent disclosure, its expansive portfolio includes approximately 155,000 acres distributed across 16 U.S. states, covering significant agricultural areas from Alabama to Virginia. This diversified land base supports nearly 26 different crop varieties and is utilized by over 100 distinct agricultural tenants. Farmland Partners Inc. chose to be taxed as a Real Estate Investment Trust (REIT) for U.S. federal income tax purposes, commencing with the fiscal year that ended December 31, 2014.
Dividend Snapshot
Research Scores
Scores describe this security's published financial data on a 0–100 scale using the formulas on our methodology pages. They are the same for every reader, are not a probability or a forecast, and are not a recommendation. Past dividend growth does not guarantee future increases. Report a data error.
How the Dividend Safety Score is built for FPI
| Input | Value | Points | Weight |
|---|---|---|---|
| Operating cash flow payout ratio | Operating cash flow payout ratio 111% (TTM to Jun 30, 2026) | 14 | 35% |
| Net debt / EBITDA | Net debt / EBITDA 5.3x (TTM to Jun 30, 2026) | 92 | 20% |
| Interest coverage | Interest coverage, EBITDA basis 3.9x (TTM to Jun 30, 2026) | 58 | 15% |
| Dividend record | 12 years of uninterrupted regular payments; last cut Sep 28, 2018 (-60.8%), within 10 years: capped at 50 | 50 | 20% |
| Operating cash flow stability | Operating cash flow positive in 5 of the last 5 fiscal years (FY2021–FY2025) | 100 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Growth Score is built for FPI
| Input | Value | Points | Weight |
|---|---|---|---|
| 5-year dividend growth | 5-year dividend CAGR 3.7% (2020–2025) | 62 | 25% |
| Consecutive annual increases | 0 consecutive annual increases (through 2025) | 10 | 20% |
| Payout headroom | Headroom from the operating cash flow payout ratio 111% (TTM to Jun 30, 2026) | 0 | 20% |
| Operating cash flow per share growth (3 years) | Operating cash flow per share CAGR 0.5% (FY2022–FY2025) | 44 | 15% |
| Revenue growth (3 years) | Revenue CAGR -5.2% (FY2022–FY2025) | 10 | 10% |
| 10-year dividend growth | 10-year dividend CAGR -7.0% (2015–2025) | 0 | 10% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
How the Dividend Value Score is built for FPI
| Input | Value | Points | Weight |
|---|---|---|---|
| Yield vs own history | Current yield at the 70th percentile of its 120 month-end yields | 70 | 40% |
| P/OCF vs own 5-year median | P/OCF 24.1 is 0.59x its 5-year median of 40.8 | 100 | 25% |
| Operating cash flow yield | Operating cash flow yield 4.2% (TTM to Jun 30, 2026) | 22 | 20% |
| P/OCF vs peers | P/OCF 24.1 vs peer median 12.6 (1.91x; 112 reit / Real Estate securities) | 0 | 15% |
Inputs that are not available are left out and the remaining weights are scaled up. Profile: real estate investment trust. Formula version 2026-10-19.4.
Key Metrics
Current Yield
3.55%
At the Oct 29, 2026 price
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Dividend
$0.3600
Declared Jul 28, 2026
The latest declared regular dividend scaled to a full year by how often it's paid (for semi-annual payers, the latest two payments), adjusted for stock splits. A $0.25 quarterly dividend annualizes to $1.00. Special dividends are excluded.Frequency
Q Quarterly
How often the dividend is paid, read from the dates of recent payments: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.RSI (14)
43
As of Oct 29, 2026
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$9.35 – $13.04
Closes through Oct 23, 2026
The lowest and highest price over the past year, showing where today's price sits in its recent range.Payout Ratio (TTM)
79.41% (EPS-based)
12 months to Jun 30, 2026 (Q2 FY2026)
The share of earnings paid out as dividends over the trailing twelve months (TTM): dividends paid divided by net income across the company's four most recent reported quarters, dated by the latest quarter end. A fiscal-year tag such as FY2025 means only annual figures were available. Lower leaves more cushion; above 100% means paying out more than the company earned. It shows n/a for funds and when net income over the period was negative; for REITs and BDCs it is marked EPS-based, since they are judged on FFO/AFFO or net investment income instead.Years Paying
12
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book (TTM)
0.97
Price as of Oct 25, 2026; latest reported book value
Price-to-book ratio: the share price on the date shown divided by the latest reported book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Dividend Growth
Why the Yield Moved (90 Days)
FPI's dividend yield fell from 3.76% to 3.55% over the past ~90 days (-0.21 pp). Of that move, +0.00 pp came from changes in the dividend rate and -0.21 pp from the share price ($9.57 on Aug 03, 2026 → $10.13 on Oct 29, 2026). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 272 daily observations over the past 13 months (through Oct 23, 2026), FPI's current yield is higher than approximately 80% of them. Our stored price history for FPI covers the past 13 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Dividend History
Dividend Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0900 Q | Regular | Jul 28, 2026 | Oct 01, 2026 | Oct 01, 2026 | Oct 15, 2026 |
| $0.0900 Q | Regular | Apr 28, 2026 | Jul 01, 2026 | Jul 01, 2026 | Jul 15, 2026 |
| $0.0900 I | Regular | Feb 17, 2026 | Apr 01, 2026 | Apr 01, 2026 | Apr 15, 2026 |
| $0.0600 Q | Regular | Oct 28, 2025 | Jan 02, 2026 | Jan 02, 2026 | Jan 15, 2026 |
| $0.2000 S | Special | Dec 15, 2025 | Dec 23, 2025 | Dec 23, 2025 | Jan 07, 2026 |
| $0.0600 Q | Regular | Jul 22, 2025 | Oct 01, 2025 | Oct 01, 2025 | Oct 15, 2025 |
| $0.0600 Q | Regular | May 06, 2025 | Jul 01, 2025 | Jul 01, 2025 | Jul 15, 2025 |
| $0.0600 I | Regular | Feb 18, 2025 | Apr 01, 2025 | Apr 01, 2025 | Apr 15, 2025 |
| $0.0600 Q | Regular | Oct 30, 2024 | Jan 02, 2025 | Jan 02, 2025 | Jan 15, 2025 |
| $1.1500 S | Special | Dec 13, 2024 | Dec 23, 2024 | Dec 23, 2024 | Jan 08, 2025 |
| $0.0600 Q | Regular | Jul 24, 2024 | Oct 01, 2024 | Oct 01, 2024 | Oct 15, 2024 |
| $0.0600 Q | Regular | Apr 30, 2024 | Jul 01, 2024 | Jul 01, 2024 | Jul 15, 2024 |
| $0.0600 Q | Regular | Feb 28, 2024 | Mar 28, 2024 | Apr 01, 2024 | Apr 15, 2024 |
| $0.0600 Q | Regular | Oct 25, 2023 | Dec 29, 2023 | Jan 02, 2024 | Jan 16, 2024 |
| $0.0600 Q | Regular | Jul 26, 2023 | Sep 29, 2023 | Oct 02, 2023 | Oct 16, 2023 |
| $0.0600 Q | Regular | May 03, 2023 | Jun 30, 2023 | Jul 03, 2023 | Jul 17, 2023 |
| $0.0600 Q | Regular | Feb 22, 2023 | Mar 31, 2023 | Apr 03, 2023 | Apr 17, 2023 |
| $0.0600 Q | Regular | Oct 24, 2022 | Dec 29, 2022 | Jan 02, 2023 | Jan 17, 2023 |
| $0.0600 Q | Regular | Jul 26, 2022 | Sep 29, 2022 | Oct 01, 2022 | Oct 17, 2022 |
| $0.0600 Q | Regular | May 03, 2022 | Jun 30, 2022 | Jul 01, 2022 | Jul 15, 2022 |
| $0.0500 Q | Regular | Feb 22, 2022 | Mar 31, 2022 | Apr 01, 2022 | Apr 15, 2022 |
| $0.0500 Q | Regular | Oct 27, 2021 | Dec 31, 2021 | Jan 03, 2022 | Jan 18, 2022 |
| $0.0500 Q | Regular | Aug 04, 2021 | Sep 30, 2021 | Oct 01, 2021 | Oct 15, 2021 |
| $0.0500 Q | Regular | May 13, 2021 | Jun 30, 2021 | Jul 01, 2021 | Jul 15, 2021 |
| $0.0500 Q | Regular | Feb 16, 2021 | Mar 31, 2021 | Apr 01, 2021 | Apr 15, 2021 |
| $0.0500 Q | Regular | Nov 09, 2020 | Dec 30, 2020 | Jan 01, 2021 | Jan 15, 2021 |
| $0.0500 Q | Regular | Aug 10, 2020 | Sep 30, 2020 | Oct 01, 2020 | Oct 15, 2020 |
| $0.0500 Q | Regular | May 07, 2020 | Jun 30, 2020 | Jul 01, 2020 | Jul 15, 2020 |
| $0.0500 Q | Regular | Mar 11, 2020 | Mar 31, 2020 | Apr 01, 2020 | Apr 15, 2020 |
| $0.0500 Q | Regular | Nov 11, 2019 | Dec 30, 2019 | Jan 01, 2020 | Jan 15, 2020 |
| $0.0500 Q | Regular | Aug 06, 2019 | Sep 30, 2019 | Oct 01, 2019 | Oct 15, 2019 |
| $0.0500 Q | Regular | May 08, 2019 | Jun 28, 2019 | Jul 01, 2019 | Jul 15, 2019 |
| $0.0500 Q | Regular | Mar 05, 2019 | Mar 29, 2019 | Apr 01, 2019 | Apr 15, 2019 |
| $0.0500 Q | Regular | Nov 05, 2018 | Dec 28, 2018 | Jan 01, 2019 | Jan 15, 2019 |
| $0.0500 Q | Regular | Aug 08, 2018 | Sep 28, 2018 | Oct 01, 2018 | Oct 15, 2018 |
| $0.1275 Q | Regular | May 09, 2018 | Jun 29, 2018 | Jul 02, 2018 | Jul 16, 2018 |
| $0.1275 Q | Regular | Feb 20, 2018 | Mar 29, 2018 | Apr 02, 2018 | Apr 16, 2018 |
| $0.1275 Q | Regular | Nov 08, 2017 | Dec 29, 2017 | Jan 02, 2018 | Jan 16, 2018 |
| $0.1275 Q | Regular | Jul 20, 2017 | Sep 29, 2017 | Oct 02, 2017 | Oct 13, 2017 |
| $0.1275 Q | Regular | N/A | Jun 28, 2017 | Jun 30, 2017 | Jul 14, 2017 |
| $0.1275 Q | Regular | Feb 22, 2017 | Mar 29, 2017 | Apr 01, 2017 | Apr 14, 2017 |
| $0.1275 Q | Regular | Nov 02, 2016 | Dec 28, 2016 | Jan 02, 2017 | Jan 13, 2017 |
| $0.1275 Q | Regular | Aug 03, 2016 | Sep 28, 2016 | Sep 30, 2016 | Oct 14, 2016 |
| $0.1275 Q | Regular | May 09, 2016 | Jun 29, 2016 | Jul 01, 2016 | Jul 15, 2016 |
| $0.1275 Q | Regular | Mar 14, 2016 | Mar 30, 2016 | Apr 01, 2016 | Apr 15, 2016 |
| $0.1275 Q | Regular | Nov 23, 2015 | Dec 30, 2015 | Jan 04, 2016 | Jan 15, 2016 |
| $0.1275 Q | Regular | Aug 12, 2015 | Sep 29, 2015 | Oct 01, 2015 | Oct 15, 2015 |
| $0.1275 Q | Regular | Jun 03, 2015 | Jun 29, 2015 | Jul 01, 2015 | Jul 15, 2015 |
| $0.1160 Q | Regular | Feb 25, 2015 | Mar 30, 2015 | Apr 01, 2015 | Apr 15, 2015 |
| $0.1160 Q | Regular | Nov 20, 2014 | Dec 30, 2014 | Jan 02, 2015 | Jan 15, 2015 |
| $0.1050 Q | Regular | Aug 06, 2014 | Sep 29, 2014 | Oct 01, 2014 | Oct 15, 2014 |
| $0.1050 Q | Regular | May 14, 2014 | Jun 27, 2014 | Jul 01, 2014 | Jul 15, 2014 |
Peer Comparison
Selected REIT - Specialty dividend payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| AMT | American Tower Corporation | 3.90% | 8.5% | 13 yrs | 83 |
| VICI | VICI Properties Inc. | 7.82% | 7.1% | 7 yrs | 82 |
| EQIX | Equinix, Inc. | 2.05% | 12.0% | 10 yrs | 79 |
| SBAC | SBA Communications Corporation | 2.71% | 19.0% | 5 yrs | 72 |
Related Guides & Lists
FPI dividend — frequently asked questions
Does Farmland Partners Inc. pay a dividend?
Yes. Farmland Partners Inc. (FPI) currently pays a dividend. The annualized dividend is about $0.36 per share, a yield of approximately 3.55%.
What is Farmland Partners Inc.'s dividend yield?
Farmland Partners Inc.'s dividend yield is approximately 3.55%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does Farmland Partners Inc. pay dividends?
Farmland Partners Inc. pays dividends quarterly — 4 times per year.
How long has Farmland Partners Inc. paid dividends?
Farmland Partners Inc. has 12 years of dividend payments on record.
Data updated Oct 29, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.