Farmland Partners (FPI) Reports Q1 FFO of $0.04
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Farmland Partners Inc. Reports First Quarter 2022 Results
May 3, 2022 4:47 PM EDTFPI Improves Operating Performance, Increases Quarterly Dividend by 20%, Reduces Leverage, and Prevails in Dismissal of Class Action Lawsuit
DENVER--(BUSINESS WIRE)-- Farmland Partners Inc. (NYSE: FPI) (FPI or the Company) today reported financial results for the quarter ended March 31, 2022.
Selected Q1 2022 Highlights
During the three months ended March 31, 2022, the Company:
recorded net income of $1.1 million (including $0.7 million of gain on sale of properties), compared to $2.5 million for the same period in 2021 (which included $3.4 million of gain on sale of properties); recorded net income... More