Farmland Partners (NYSE:FPI) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, March 1st. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
Farmland Partners (NYSE:FPI) opened at $7.67 on Wednesday. Farmland Partners has a 12 month low of $7.15 and a 12 month high of $11.50. The firm has a market cap of $245.12, a P/E ratio of 40.37 and a beta of 0.13.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Stockholders of record on Monday, April 2nd will be paid a dividend of $0.127 per share. The ex-dividend date is Thursday, March 29th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 6.62%. Farmland Partners’s dividend payout ratio (DPR) is 268.44%.
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About Farmland Partners
Farmland Partners, Inc is an internally managed real estate company. The Company owns and seeks to acquire farmland located in agricultural markets throughout North America. The Company is the sole member of the general partner of Farmland Partners Operating Partnership, LP (the Operating Partnership).
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