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Farmland Partners (Farmland Partners) 5-Year Dividend Growth Rate : -4.30% (As of Dec. 2023)


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What is Farmland Partners 5-Year Dividend Growth Rate?

Farmland Partners's Dividends per Share for the three months ended in Dec. 2023 was $0.06.

During the past 12 months, Farmland Partners's average Dividends Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -4.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Farmland Partners was 16.10% per year. The lowest was -26.80% per year. And the median was -10.70% per year.

Farmland Partners's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.35. As of today, Farmland Partners's Dividend Yield % is 2.21%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Farmland Partners Inc is 3.93, which seems too high.

Good Sign:

Farmland Partners Inc stock dividend yield is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Farmland Partners's 5-Year Dividend Growth Rate

For the REIT - Specialty subindustry, Farmland Partners's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Farmland Partners's 5-Year Dividend Growth Rate Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Farmland Partners's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Farmland Partners's 5-Year Dividend Growth Rate falls into.



Farmland Partners 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Farmland Partners  (NYSE:FPI) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Farmland Partners's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.06/ 0.173
=0.35

During the past 12 years, the highest Dividend Payout Ratio of Farmland Partners was 7.73. The lowest was 1.82. And the median was 3.37.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Farmland Partners Inc is 3.93, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Farmland Partners Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0602024-03-282024-04-012024-04-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-12-292024-01-022024-01-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-09-292023-10-022023-10-16Cash DividendquarterlyUSD:USD 1.000000
USD 0.0602023-06-302023-07-032023-07-17Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Farmland Partners's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.24/10.84
=2.21 %

Current Share Price is $10.84.
Farmland Partners's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.24.

During the past 12 years, the highest Dividend Yield of Farmland Partners was 9.64%. The lowest was 0.78%. And the median was 3.04%.

Good Sign:

Farmland Partners Inc stock dividend yield is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Farmland Partners 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Farmland Partners's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Farmland Partners (Farmland Partners) Business Description

Industry
Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 1450, Denver, CO, USA, 80237
Farmland Partners Inc owns and seeks to acquire high-quality farmland throughout North America. The company is an internally managed real estate company and owns and contracts of farmland and storage facilities located across the United States. Its properties are farmed by over 100 tenants growing more than 26 commercial crops. Farmland Partners generates its revenues through the rent it receives from its tenants.
Executives
Paul A Pittman director, officer: President and CEO 4910 BIRCH ST., SUITE 102, NEWPORT BEACH CA 92660
Jennifer S Grafton director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Murray R Wise director 2407 S NEIL PO BOX 3009, CHAMPAIGN IL 61826
Luca Fabbri officer: CFO, Secretary and Treasurer C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Christine M. Garrison officer: General Counsel and Secretary C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
John A Good director C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
Danny D. Moore director C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
James Gilligan officer: Chief Financial Officer C/O FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Thomas Heneghan director C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVER PLAZA #800, CHICAGO IL 60606
Toby Orourke director FARMLAND PARTNERS INC., 4600 S. SYRACUSE STREET, SUITE 1450, DENVER CO 80237
Erica Borenstein officer: General Counsel and Secretary C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Chris A Downey director C/O FARMLAND PARTNERS INC., : 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Jay Bartels director C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Joseph W Glauber director FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
Dennie Dixon Boardman director C/O OPTIMA FUND MANAGEMENT LLC, 10 EAST 53RD STREET, NEW YORK NY 10022