Farmland Partners (FPI) Dividend Coverage Ratio (2013 - 2026)
Farmland Partners' (FPI) Dividend Coverage Ratio stood at 0.78 in Q2 2026, down 68.3% from 2.48 a year earlier.
Farmland Partners (FPI) Dividend Coverage Ratio (2013 - 2026) Analysis & Trends
On a TTM basis, Farmland Partners' Dividend Coverage Ratio came in at 1.19 as of Jun 30, 2026, up 14.4% year-over-year; for FY2025, it came in at 0.45, down 82.7% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 2.61 in FY2024 (+15.2%), 2.26 in FY2023 (+199.8%), 0.76 in FY2022 and -0.92 in FY2021.
- Quarterly Dividend Coverage Ratio has ranged from -3.43 in Q3 2021 to 19.92 in Q4 2024 over the past five years.
- On a year-over-year basis, Dividend Coverage Ratio rose in two of the last six quarters, with growth averaging 10.1%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 961.0% in Q3 2023, against a decline of 82.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.04 (Q1 2026), 8.05 (Q4 2025) and -0.05 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rayonier | 5.62 Bn | 2.80 Bn | 75.67 Mn | - |
| 2 | Farmland Partners | 468.14 Mn | 471.24 Mn | 8.52 Mn | 0.78 |
| 3 | Gladstone Land | 404.19 Mn | 404.19 Mn | 12.44 Mn | -2.24 |
| 4 | St Joe | 3.76 Bn | 3.26 Bn | 73.42 Mn | 4.43 |
| 5 | Alico | 290.35 Mn | 109.00 Mn | 4.05 Mn | 5.73 |
| 6 | Ckx Lands | 21.97 Mn | 21.97 Mn | 165,707.00 | - |
| 7 | Power REIT | 2.53 Mn | 2.53 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.78 |
| Mar 31, 2026 | 0.04 |
| Dec 31, 2025 | 8.05 |
| Sep 30, 2025 | -0.05 |
| Jun 30, 2025 | 2.48 |
| Mar 31, 2025 | 0.02 |
| Dec 31, 2024 | 19.92 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | -0.96 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 5.68 |
| Sep 30, 2023 | 1.17 |
| Jun 30, 2023 | 2.20 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 1.77 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.09 |
| Dec 31, 2021 | 3.83 |
| Sep 30, 2021 | -3.43 |
Farmland Partners Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FPI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "FPI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=FPI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();