Farmland Partners Inc. (NYSE:FPI) stock observed trading -9.14% off 52-week high price. On the other end, the stock has been noted 29.90% away from low price over the last 52-weeks. The stock disclosed a move of 7.34% away from 50 day moving average and 1.87% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.31% off 20-day moving average. It has market cap of $210.31M and dividend yield of 3.05%.
On May 08, 2020, Farmland Partners Inc. (NYSE:FPI) disclosed that its Board of Directors had declared a quarterly cash dividend of $0.3750 per share of Series B Participating Preferred Stock. The Company’s announcement inadvertently stated that the payment date for such dividend is July 1, 2020 rather than June 30, 2020. The dividend payable in respect of the Series B Participating Preferred Stock will be paid on June 30, 2020 to holders of record on June 15, 2020.
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of the date of this release, the Company owns approximately 156,500 acres in 16 states, including Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, South Dakota and Virginia. We have approximately 26 crop types and over 100 tenants. The Company elected to be taxed as a real estate investment trust, or REIT, for U.S. federal income tax purposes, commencing with the taxable year ended December 31, 2014.
The USA based company Farmland Partners Inc. moved with change of 1.39% to $6.56 with the total traded volume of 229220 shares in recent session versus to an average volume of 155.83K. The stock was observed in the 5 days activity at 0.92%. The one month performance of stock was 11.75%. FPI’s shares are at -0.76% for the quarter and driving a 1.39% return over the course of the past year and is now at -3.24% since this point in 2018. Right now the stock beta is 0.63. The average volatility for the week and month was at 4.15% and 5.03% respectively. There are 32.06M shares outstanding and 28.95M shares are floated in market.