Enter a Ticker Symbol To Get Your Free Bull/Bear Rating & Ranking Report from "Stock Scientist" Mike Turner

Farmland Partners Series B 6% Participating Preferred Stock

By: ,

Date Issued  8/10/2017

Shares Issued  5,250,000   Overallotment Shares  787,500

S&P Rating   NR   Moodys Rating   NR

Security Ticker Symbol   FPI-B   OTC Grey Market Ticker   FPRRP

Market Traded ON   NYSE

Dividend Payment Paid on the last day of March, June, September and December beginning on 9/30/2017.

Quarterly Dividend   .375   Annual Dividend   1.50

In addition to the 6% coupon these shares participate in farmland value increases – please see prospectus for details.

Securities may be redeemed, at the issuers option, as early as 09/30/2021 the call price is $25 plus accrued dividends

A penalty coupon of 10% will start 9/30/2024 if not redeemed by that time.

Dividend Payment NOT will be Qualified Distributions  (Preferred stock distributions from REITS are not qualified distributions.

Maturity Date   None

 

Company Investor Relations Page for Farmland Partners

Click here to find the offering Prospectus and Final Pricing Document

FREE REPORT
X
Bryan Perry Dividend Income Expert Bryan Perry

Earn 8% on this "Government Mandated Income Opportunity"

X

Search Dividend Investor