Farmland partners asset appreciation leads to expected special distribution of between $0.20 and $0.38 per share

Denver--(business wire)--farmland partners inc. (nyse: fpi) (the “company” or “fpi”) today announced an update to its expected special dividend, resulting from the significant appreciation of assets sold during 2023. fpi has been selectively selling farmland, focusing on properties that are no longer a long-term strategic fit for the portfolio. while these are not the best assets of the portfolio, their sales have generated substantial gains, requiring the company to pay a special dividend, as.
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