Farmland Partners Q3 AFFO $0.03/share; raises 2024 guidance; projects at least $1.00 special dividend

Farmland Partners Inc.

2024-Q3 EPS reported -$0.02 revenue$36,752,000

Net income $1.8M ($0.02/share) vs $4.3M in Q3 2023; AFFO $1.4M ($0.03/share) vs ($0.5M) loss.
Total operating revenues $13.3M (+14.6% YoY) despite 6.7% decrease in gross book value.
Completed $308M farm dispositions; repaid $189.4M debt at 5.77% avg rate, eliminating floating-rate exposure.
2024 AFFO guidance raised to $0.24-$0.30 per share from $0.20-$0.26.
Projects year-end special dividend of $1.00-$1.10 per share.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.