Farmland Partners Inc. · FPI · NYSE
Dividend report · updated Nov 12, 2026
$8.92 -0.22% on the day, -$0.02
FPI stock page: price, charts & signals →
UnlockDividend Safety Rating: paid plans onlyDividend Safety Rating: paid plans only Is FPI’s dividend Very Safe or High Risk? 11 checks scored. Payout ratio, raise streak, recession record and 8 more. Show the rating
Yearly payout / yield
$0.36·4.04%
$0.09 quarterly x 4 ⓘ
Next payment
~$0.09/qtr
pays ~Jan 3, 2027 (est.) ⓘ
Next ex-date
Jan 1, 2027est.
own by Dec 31 ⓘ
Years without a cut
7 yrs
since the 2018 cut (-60.8%) ⓘ
Paying since
2014
53 payments on file
Yield vs history ⓘ
84
Well above its usual yield
plus a special dividend: $0.20 in the last year — not in the rate
FPI share price & total return
Daily closing price, adjusted for stock splits.
Last 20 payments
FPI Dividend Growth (CAGR)
1Y -55.0%3Y +14.5%5Y +8.4%10Y -3.4%
Per-share amount, by the date it paid (~ = about, from its usual pay gap). Orange = special or irregular payment. The enlarge button shows all 53 payments since 2014.
Annual dividends and growth
Total paid per share in each calendar year; 2026 YTD is paid so far, the amounts vary too much to estimate the rest. Totals include specials; the growth line leaves them out.
Next 5 years if the pace holds
If the recent pace holds — one-off jumps left out. Not a forecast. Pace: 0% a year, its typical raise over the last 5 years. Special payments are left out. Today's $0.36 a year would stay $0.36 by 2031 - 4.04% on today's $8.92 price.

How Many FPI Shares for $500 or $1,000 a Month?

At $0.36 a share a year, $500 a month takes about 16,667 FPI shares, about $148,670 at the Nov 12, 2026 close of $8.92. $1,000 a month takes about 33,334 shares, about $297,339. Before taxes, and only while the rate holds.

Farmland Partners (FPI) pays $0.09 a share quarterly, $0.36 a year, a 4.04% run-rate yield at the Nov 12, 2026 close of $8.92. A special dividend of $0.20 came on top in the last year; specials are paid case by case, so they never count in the rate or the yield here. It has made 53 dividend payments since 2014.

At today’s rate of $0.09 quarterly and the last close of $8.92, this is what FPI pays before taxes, if the rate stays where it is:

You holdEach paymentPer month (avg)Per year
1 share$0.09$0.03$0.36
100 shares$9.00$3.00$36.00
$10,000 invested (1,121.1 shares)$100.90$33.63$403.59
16,667 shares ($500/mo)$1,500.03$500.01$6,000.12
33,334 shares ($1,000/mo)$3,000.06$1,000.02$12,000.24

With DRIP on, every payment buys more shares instead of landing as cash. 100 FPI shares reinvest into 1.01 new shares each payment, about 4.1 new shares a year at today’s price and rate, and each new share collects the next payment too. To DRIP one whole new share every payment you need about 100 shares. Raises speed that up; a falling share price buys more shares per payment, but each is worth less. See the snowball over 10 to 30 years with FPI’s own history in the FPI DRIP calculator.

UnlockDividend Safety Rating: paid plans only
Dividend Safety Rating Not financial advice
See FPI’s rating and its 11 factors.
See the rating & factors »
An algorithmic rating built from reported data, not a recommendation.
  • Coverage (EPS): are profits enough to pay the dividend rating
  • Coverage (cash flow): does cash from the business cover the dividend rating
  • Dividend vs cash flow + debt: is the dividend paid with borrowed money report
  • Debt load: how much the balance sheet leans on borrowing rating
  • Debt interest coverage: can profits easily pay the interest bill rating
  • Earnings direction: are sales and profits growing or shrinking report
  • Liquidity: is there cash for debts due this year rating
  • Raise streak: how many years in a row it raised see details
  • Years without a cut: how long since the last dividend cut see details
  • Raise vs trend: are recent raises keeping their usual pace history
  • Yield vs history: is today’s yield high or low versus its past rating
  • Recession record: what the dividend did in past crashes history

FPI Dividend Yield Today vs Its 5-Year Range

84/100Well above its usual yieldvs its 7-yr history
  • FPI yields 4.04% today, at the Nov 12, 2026 close of $8.92.
  • Its own 7-year median is 2.19%, so today’s yield is well above its usual level.
Last 5 years: lowest to highest month-end yield
1.33% low4.27% high
Blue mark = today, grey = its 7-year median. A higher yield than usual means a lower price against the payout.

Where today ranks in its own history is in the paid report

How it works. Each month-end over the last 7 years gives one yield: the regular payment then, times payments a year, over that day’s close. Specials are left out. 50 means today’s yield sits right at its usual level. A lower score means the yield is below its usual level, so the price is high against the payout. A higher score means the yield is above its usual level. On price alone a payer stays between 15 and 85. Steady raisers get a few points back. It reads the past, not the future.

When Is FPI’s Next Dividend? Ex-Date and Pay Date After October 2026

FPI has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Jan 1, 2027, with the cash around Jan 3, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.09 a share, went ex on Oct 1, 2026 and paid Oct 5, 2026.

  • Ex-dates: about every 90 days (quarterly)
  • Payment: usually about 2 days after the ex-date

Every payer going ex-dividend this week is on the dividend calendar.

How Often Does FPI Pay?

FPI pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Jan, Apr, Jul and Oct. The ex-date comes about every 90 days, and the cash usually lands about 2 days later.

Paid in the last 12 months
$0.53 a share, in 5 payments, $0.20 of it special.
-61.9% against the 12 months before ($1.39 in 5 payments).
Cash that landed, by pay date. The yield up top uses today’s rate instead, so a raise or a cut shows there first.
Payout months
JanFebMarAprMayJunJulAugSepOctNovDec
Pays in Jan, Apr, Jul and Oct. Ex-dates fall in Jan, Apr, Jul and Oct (latest 4 payments).
Raise history
  • Streak: 0 years of higher annual totals (through 2025)
  • Last raise: Dec 23, 2025 - $0.06 to $0.20 (+$0.14, +233.33%)
  • Usual $ step: $0.0115 (median of the raises before it)
Coverage
  • FFO payout (approx.): 111.7% - $0.36 paid / $0.32 FFO per share (net income + depreciation & amortization, 4 quarters to Sep 30, 2026)
  • Cash-flow payout: 93.3% - $0.36 paid / $0.39 operating cash flow per share (4 quarters to Sep 30, 2026); own 4-yr norm 91.3% (median of 12 earlier trailing years)
  • GAAP EPS payout (context): 200.0% - $0.36 paid / $0.18 EPS (4 quarters to Sep 30, 2026); own 4-yr norm 65.7% (median of 12 earlier trailing years)
REITs pay from funds from operations; GAAP EPS understates coverage.

FPI vs Similar Dividend Stocks (BRSP, NXRT...)

Against the 10 dividend-paying Real Estate companies closest to FPI in market value, FPI’s 4.04% run-rate yield is below the group’s middle yield of 9.38%, and its raise streak of 0 years is the 6th longest. A higher yield than the group is not a bonus by itself: it is often the market pricing in a cut, so read it next to the rating and the coverage behind it.

Ticker Dividend ⓘ Yield Safety Rating No cut ⓘ
FPI $8.92Farmland Partners $0.09/qtr$0.36/yr fwd 4.04% Dividend Safety Rating: paid plans only 7 yrsno raise streak
BRSP $3.12BrightSpire Capital $0.16/qtr$0.64/yr fwd 20.51% Dividend Safety Rating: paid plans only 1 yrno raise streak
NXRT $15.36NexPoint Residential Trust $0.53/qtr$2.12/yr fwd 13.80% Dividend Safety Rating: paid plans only 10+ yrsraised 10+ yrs in a row
RWTN $23.26Redwood Trust, Inc. 9.125% Seni $0.57/qtr$2.28/yr fwd 9.80% Dividend Safety Rating: paid plans only 1+ yrno raise streak
INRE $21.68Inland Real Estate Income Trust $0.1356/qtr$0.54/yr fwd 2.50% Dividend Safety Rating: paid plans only 2+ yrsno raise streak
CHCT $14.72Community Healthcare Trust $0.33/qtr$1.32/yr fwd 8.97% Dividend Safety Rating: paid plans only 0 yrsraised 9 yrs in a row
PAZRF $3.65Plaza Retail REIT $0.017/mo$0.20/yr fwd 5.59% Dividend Safety Rating: paid plans only 11+ yrsno raise streak
APYRF $2.62Allied Properties Real Estate Investment Trust $0.043/mo$0.52/yr fwd 19.69% Dividend Safety Rating: paid plans only 0 yrsno raise streak
XRN $26.97Chiron Real Estate $0.16/mo$1.92/yr fwd 7.12% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row
ILPT $6.19Industrial Logistics Properties Trust $0.10/qtr$0.40/yr fwd 6.46% Dividend Safety Rating: paid plans only 3 yrsraised 1 yr in a row
RWT $2.85Redwood Trust $0.18/qtr$0.72/yr fwd 25.26% Dividend Safety Rating: paid plans only 2 yrsraised 1 yr in a row

Yield and the safety rating are only half of it. See total returns with dividends reinvested, side by side: FPI vs BRSP, FPI vs NXRT, FPI vs RWTN.

FPI Dividend History: Every Payment Since 2014

Ex-datePay dateAmountFrequencyType
Oct 1, 2026Oct 5, 2026$0.09QuarterlyRegular
Jul 1, 2026Jul 3, 2026$0.09QuarterlyRegular
Apr 1, 2026Apr 3, 2026$0.09QuarterlyRegular
Jan 2, 2026Jan 5, 2026$0.06QuarterlyRegular
Dec 23, 2025Dec 25, 2025$0.20QuarterlySpecial
Oct 1, 2025Oct 3, 2025$0.06QuarterlyRegular
Jul 1, 2025Jul 3, 2025$0.06QuarterlyRegular
Apr 1, 2025Apr 3, 2025$0.06QuarterlyRegular
Jan 2, 2025Jan 6, 2025$0.06QuarterlyRegular
Dec 23, 2024Dec 25, 2024$1.15QuarterlySpecial
The other 43 FPI payments come with a paid plan.
Show all 53 payments »
Newest first. Amounts are per share as paid, restated for splits; frequency is the schedule on file for that payment; a payment over 2.5x its neighbours is marked special.
From reported payments, prices and filings — data, not investment advice.

What the Dividend Safety Rating Means for FPI

UnlockDividend Safety Rating: paid plans only
See where FPI lands, and why.
See the rating & factors »
Own FPI? Your payouts fill in by themselves Add FPI once, with your buy date and share count. Every dividend since fills in, dated and in dollars, and with DRIP on each new share is counted for you.
Track FPI →

FPI Dividend Questions

How often does FPI pay dividends?

FPI pays quarterly, 4 times a year. Recent payments arrived in Jan, Apr, Jul and Oct, with ex-dates in Jan, Apr, Jul and Oct. The ex-date comes about every 90 days, and the cash usually lands about 2 days later.

Does FPI pay dividends monthly?

No. FPI pays quarterly, 4 times a year. For payers that pay every month, see the monthly dividend stocks.

When is the next FPI dividend?

FPI has not declared its next dividend yet. By its usual rhythm of about 92 days between ex-dates, the next ex-date falls around Jan 1, 2027, with the cash around Jan 3, 2027. An estimate, not a promise: only the declaration makes it final. The latest one, $0.09 a share, went ex on Oct 1, 2026 and paid Oct 5, 2026. The current rate is $0.09 per share, $0.36 a year.

Does FPI pay a dividend in January 2027?

Not declared yet. By its usual rhythm the next ex-date falls around Jan 1, 2027, with the cash around Jan 3, 2027, so a payment in January 2027 is likely. Only the company’s declaration makes it final.

How much does FPI pay per share?

FPI pays $0.09 a share quarterly, $0.36 a year. At the Nov 12, 2026 close of $8.92 that is a 4.04% run-rate yield, well above its usual level: its own 7-year median is 2.19%.

Has FPI raised its dividend?

FPI has no current streak of yearly raises. The latest raise, on Dec 23, 2025, took the rate from $0.06 to $0.20 (+233.33%). Over five years the dividend grew 8.4% a year.

Is FPI’s dividend safe?

No rating can promise a future payment, but the record on file says a lot. FPI paid out 93% of its cash flow as dividends over the 4 quarters to Sep 30, 2026. It has gone 7 years without a cut. This is data, not investment advice. The full 11-check rating comes with a plan.

How do I track my FPI dividends?

Add FPI to a free DRIPCalc portfolio once, with your buy date and share count. Every payout since fills in, dated and in dollars; with DRIP on, the new shares each payment buys are counted for you, so there is no spreadsheet to update and no broker login. To project the snowball, run FPI in the DRIP calculator.

More Dividend Lists and Tools

How this page is built: the rate is the latest regular dividend per share; run-rate yield = rate × payments per year ÷ last close (Nov 12, 2026), never a trailing 12-month total, which lags after a raise and hides a cut. Specials and one-off payments never count in the rate; a payer whose regular payments differ in size is annualized over its last full cycle of regular payments. Raise streak = consecutive calendar years with a higher amount per payment than the year before; years without a cut = years in which the amount per payment held within 1%. The Dividend Safety Rating reads 11 visible lines: coverage, streak, raise pace and yield range for dividend stocks; NAV trend, NAV funding and payout stability for income funds. Similar payers = the same sector or fund group, nearest in market value or fund size. Payments, prices and filings come from DRIPCALC’s price and dividend database. History is not a forecast. This is data, not investment advice.