Farmland Partners Inc. (FPI) announced a one‑time special dividend of $0.20 per share of common stock and Class A Common OP Unit. The dividend will be paid in cash on January 7, 2026 to shareholders of record on December 23, 2025, in addition to the company’s regular quarterly dividend of $0.06 per share.
The special dividend reflects the company’s confidence in its cash‑generating ability. In the third quarter of 2025, FPI reported revenue of $11.25 million, a 76% beat over the $6.38 million forecast, and Adjusted Funds From Operations (AFFO) of $2.9 million, up from $1.4 million in the same quarter a year earlier. Management raised its full‑year 2025 AFFO guidance to $0.32–$0.36 per share, up from the prior $0.28–$0.32 range.
FPI’s portfolio simplification strategy has driven the cash flow that underpins the dividend. The company sold its brokerage and farm‑management business and exchanged 23 properties for preferred units, generating proceeds that were used to reduce debt and fund the special dividend. The company’s Adjusted Funds From Operations target of $14.5 million to $16.6 million reflects the expected improvement in cash flow once the simplification is complete.
CEO Luca Fabbri emphasized that the dividend is a one‑time distribution and not a change to the regular dividend policy. He noted that the company’s strong financial performance and disciplined capital allocation give it confidence in its valuation and future prospects.
The special dividend signals that FPI is in a position to return excess cash to shareholders while continuing to focus on portfolio simplification and debt reduction. The move is consistent with the company’s strategy of generating sustainable cash flow and maintaining a strong balance sheet for long‑term growth.
revised_sentiment_rating
:0,
importance
high
json_object
type
object
properties
should_publish
type
boolean
explanation
type
string
is_new_event
type
boolean
is_material
type
boolean
disqualifying_factors
type
array
items
type
string
revised_title
type
string
revised_content_paragraphs
type
array
items
type
string
revised_sentiment_rating
type
integer
importance
type
string
enum
low
medium
high
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.