Farmland Partners Series B 6% Participating Preferred Stock
By: Tim McPartland,
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 ONÂ Â 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
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Company Investor Relations Page for Farmland Partners
Click here to find the offering Prospectus and Final Pricing Document
