Farmland Partners (FPI) Declares $0.1275 Quarterly Dividend; 4.3% Yield
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Farmland Partners Inc. Reports Results for the Quarter Ended June 30, 2016 and Announces Second Quarter Revenue of $6.0 Million - a 109% Period-Over-Period Increase
August 3, 2016 10:14 PM EDTDENVER, Aug. 3, 2016 /PRNewswire/ --Â Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter ended June 30, 2016.
Second Quarter Highlights
Reported operating revenue of $6.0 million for the quarter ended June 30, 2016, a 109% increase over the same period last year Reported net income of $1.3 million for the quarter ended June 30, 2016, an 808% increase over the same period last year Reported Adjusted EBITDA of $4.0 million for the quarter ended June 30, 2016, a 43% increase over the same period last year Completed acquisitions of 3,622 acres of farmland... More