FPI Dividend History & Analysis | 4.5% Yield

FPI has a dividend yield of 4.5% and paid 0.56 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 4.53%
Payout Ratio 59.6%
Growth Rate CAGR 5y 21.79%
Consistency Lifetime 87.4%
Yield on Cost 5y 5.59%
Payout FCF 112.1%
Streak Years -
Dividend Rating 70.47%
Dividends Cash Amount per Share Yearly This chart shows the yearly cash amount paid as dividends per share.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis) and average yield as orange dashed line.
■ Payout Yield (right) ■ Price (left) ┅┅ Avg Payout Yield

Top Dividend Payers in Other Specialized REITs

Top 5 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
MRP 4,575 M 10.03% 14.96%
EPR 4,485 M 6.60% 10.54%
GLPI 13,453 M 6.81% 9.23%
OUT 5,653 M 5.83% 8.68%
LAMR 15,486 M 5.16% 9.95%
Top 5 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
OUT 5,653 M 55.56% 76.4%
EPR 4,485 M 23.77% 96.4%
LAMR 15,486 M 12.69% 61.8%
VICI 30,581 M 6.36% 100.0%
IRM 36,750 M 6.78% 90.5%
FPI Dividend History: Last 50 Payments (USD) as of May 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-01 2026-07-01 2026-07-15 Quarterly 0.09 0% N/A
2026-04-01 2026-04-01 2026-04-15 Quarterly 0.09 +50% 0.81%
2026-01-02 2026-01-02 2026-01-15 Quarterly 0.06 -70% 0.62%
2025-12-23 2025-12-23 2026-01-07 Other 0.2 +233.3% 2.04%
2025-10-01 2025-10-01 2025-10-15 Quarterly 0.06 0% 0.56%
2025-07-01 2025-07-01 2025-07-15 Quarterly 0.06 0% 0.52%
2025-04-01 2025-04-01 2025-04-15 Quarterly 0.06 0% 0.54%
2025-01-02 2025-01-02 2025-01-15 Quarterly 0.06 -94.8% 0.51%
2024-12-23 2024-12-23 2025-01-08 Other 1.15 +1816.7% 10.17%
2024-10-01 2024-10-01 2024-10-15 Quarterly 0.06 0% 0.58%
2024-07-01 2024-07-01 2024-07-15 Quarterly 0.06 0% 0.52%
2024-03-28 2024-04-01 2024-04-15 Quarterly 0.06 0% 0.55%
2023-12-29 2024-01-02 2024-01-16 Quarterly 0.06 -71.4% 0.47%
2023-12-28 2023-12-29 2024-01-12 Other 0.21 +250% 1.64%
2023-09-29 2023-10-02 2023-10-16 Quarterly 0.06 0% 0.58%
2023-06-30 2023-07-03 2023-07-17 Quarterly 0.06 0% 0.49%
2023-03-31 2023-04-03 2023-04-17 Quarterly 0.06 0% 0.58%
2022-12-29 2023-01-02 2023-01-17 Quarterly 0.06 0% 0.49%
2022-09-29 2022-10-01 2022-10-17 Quarterly 0.06 0% 0.47%
2022-06-30 2022-07-01 2022-07-15 Quarterly 0.06 +20% 0.43%
2022-03-31 2022-04-01 2022-04-15 Quarterly 0.05 0% 0.36%
2021-12-31 2022-01-03 2022-01-18 Quarterly 0.05 0% 0.42%
2021-09-30 2021-10-01 2021-10-15 Quarterly 0.05 0% 0.41%
2021-06-30 2021-07-01 2021-07-15 Quarterly 0.05 0% 0.41%
2021-03-31 2021-04-01 2021-04-15 Quarterly 0.05 0% N/A
2020-12-30 2021-01-01 2021-01-15 Quarterly 0.05 0% N/A
2020-09-30 2020-10-01 2020-10-15 Quarterly 0.05 0% N/A
2020-06-30 2020-07-01 2020-07-15 Quarterly 0.05 0% N/A
2020-03-31 2020-04-01 2020-04-15 Quarterly 0.05 0% N/A
2019-12-30 2020-01-01 2020-01-15 Quarterly 0.05 0% N/A
2019-09-30 2019-10-01 2019-10-15 Quarterly 0.05 0% N/A
2019-06-28 2019-07-01 2019-07-15 Quarterly 0.05 0% N/A
2019-03-29 2019-04-01 2019-04-15 Quarterly 0.05 0% N/A
2018-12-28 2019-01-01 2019-01-15 Quarterly 0.05 0% N/A
2018-09-28 2018-10-01 2018-10-15 Quarterly 0.05 -60.9% N/A
2018-06-29 2018-07-02 2018-07-16 Quarterly 0.128 0% N/A
2018-03-29 2018-04-02 2018-04-16 Quarterly 0.128 0% N/A
2017-12-29 2018-01-02 2018-01-16 Quarterly 0.128 0% N/A
2017-09-29 2017-10-02 2017-10-13 Quarterly 0.128 0% N/A
2017-06-28 2017-06-30 2017-07-14 Quarterly 0.128 0% N/A
2017-03-29 2017-04-01 2017-04-14 Quarterly 0.128 0% N/A
2016-12-28 2017-01-02 2017-01-13 Quarterly 0.128 0% N/A
2016-09-28 2016-09-30 2016-10-14 Quarterly 0.128 0% N/A
2016-06-29 2016-07-01 2016-07-15 Quarterly 0.128 0% N/A
2016-03-30 2016-04-01 2016-04-15 Quarterly 0.128 0% N/A
2015-12-30 2016-01-04 2016-01-15 Quarterly 0.128 0% N/A
2015-09-29 2015-10-01 2015-10-15 Quarterly 0.128 0% N/A
2015-06-29 2015-07-01 2015-07-15 Quarterly 0.128 +10.3% N/A
2015-03-30 2015-04-01 2015-04-15 Quarterly 0.116 0% N/A
2014-12-30 2015-01-02 2015-01-15 Quarterly 0.116 0% N/A

FPI Dividend FAQ

What is the Dividend Yield of FPI?

As of May 2026, FPI's dividend yield is 4.53%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 0.56 USD by the current share price of 10.43.

Does FPI pay a dividend?

As of May 2026, FPI paid a dividend of 0.56 USD in the last 12 months. The last dividend was paid on 2026-07-01 and the payout was 0.09 USD.

How often does FPI pay dividends?

FPI pays dividends quarterly. Over the last 12 months, FPI has issued 6 dividend payments. The last dividend payment was made on 2026-07-01.

FPI dividend forecast

Based on historical data, the forecasted dividends per share for FPI for the next payments are between 0.062 (-31.1%) and 0.077 (-14.4%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 2.66%.

Will FPI pay dividends in 2026?

The latest dividend paid per share was 0.09 USD with an Ex-Dividend Date of 2026-07-01. The next Ex-Dividend date for Farmland Partners (FPI) is 2026-07-01.

What is the next Ex-Dividend Date for FPI?

The next Ex-Dividend date for Farmland Partners (FPI) is 2026-07-01.

What is the Dividend Growth of FPI?

FPI's average dividend growth rate over the past 5 years is 21.8% per year. Strong growth: FPI's dividend growth is outpacing inflation.

What is the Yield on Cost of FPI?

FPI's 5-Year Yield on Cost is 5.59%. If you bought FPI's shares at 10.01 USD five years ago, your current annual dividend income (0.56 USD per share, trailing 12 months) equals 5.59% of your original purchase price.

What is the Payout Consistency of FPI?

FPI Payout Consistency is 87.4%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Moderately consistent: Farmland Partners has a good track record of consistent dividend payments over its lifetime.

Does FPI have a good Dividend Yield?

FPI's 4.53% Dividend Yield is considered as good. Make sure the dividend is sustainable: Check the Payouts-Ratio over time.

What is the Dividend Payout Ratio of FPI?

The Dividend Payout Ratio of FPI is 59.6%. Healthy - Leaves room for growth and provides some protection to maintain dividends even in a recession.

What is the Dividend Rating of FPI?

FPI's Overall Dividend Rating is 70.47%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

FPI Outstanding Shares Analysis
The Chart shows the outstanding shares over time per year.
What is the Trend in FPI's Outstanding Shares?

Farmland Partners's outstanding shares have decreased by approximately 16.35% annually over the past 3 years (Trend Reliability: -28.9%). Shareholder-friendly: The company is actively buying back shares, reducing the share count. This increases earnings per share and often leads to higher dividends per share over time, as profits are distributed among fewer shareholders.

Has FPI ever had a Stock Split?

Yes, the last stock split was on Oct 17, 2014 with a ratio of 1:4. This was a reverse split: Multiple shares were consolidated into fewer shares, increasing the price per share. This is sometimes used to meet exchange listing requirements and can be a warning sign if the company is struggling.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2012 4,014,300 0%
2013 4,014,300 0%
2014 7,517,500 +87.27%
2015 11,851,300 +57.65%
2016 14,827,000 +25.11%
2017 31,954,000 +115.51%
2018 86,025,000 +169.22%
2019 69,874,000 -18.77%
2020 46,461,000 -33.51%
2021 44,499,000 -4.22%
2022 62,633,000 +40.75%
2023 64,542,900 +3.05%
2024 55,987,000 -13.26%
2025 51,255,000 -8.45%
2026 43,197,000 -15.72%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-05-23 02:47 UTC