SmarterDividends
FPI

Farmland Partners Inc.

FPI

Real Estate · Stock · quarterly payer

Forward Yield

3.50%

Annual Dividend

$0.36

Payout Ratio

46%

5-Yr Growth

3.7%

Ex-Date

Jul 1, 2026

Frequency

Quarterly

FPI Dividend Safety Score

70/ 100
Grade B

Safe

Dividend-growth streak7 consecutive years of growth
Cut historyCut its dividend in 2018
Earnings payout coverage46% of earnings paid out
Balance-sheet strengthDebt/equity of 0.50
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is FPI a good dividend stock?

Yes, with caveats

Farmland Partners Inc. (FPI) pays a quarterly dividend yielding 3.50% ($0.36/yr), with 6 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.

Advantages

  • Comfortable payout ratio (46%)

Risks

  • Cut its dividend in 2018
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.50%
Payout Ratio
46%
Annual Dividend
$0.36
5-Yr Avg Growth
3.7%
Ex-Dividend Date
Jul 1, 2026
Years of Growth
6
Frequency
quarterly
Beta
0.68
Market Cap
$456.1M
P/E Ratio
17.4
5-Yr Total Return
-14%
52-Week Range
$9.37 – $13.23
Dividend Safety
B · 70/100
Ever Cut?
Yes (2018)
FPI ex-dividend date & scheduleNext ex-date Jul 1, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.36 / yr per share

Per payment (quarterly)$9.00
Annual$36.00
Monthly avg$3.00