Farmland Partners Announces Tax Treatment of 2024 Distributions
Farmland Partners (NYSE: FPI) has disclosed the tax treatment of its 2024 common stock distributions. The company distributed a total of $1.60 per share throughout 2024, consisting of multiple quarterly dividends of $0.06 per share and two special dividends: $0.21 (partially allocated to 2024) and $1.15.
The distributions were characterized as follows: $0.176684 per share as taxable ordinary dividends (including qualified dividends and Section 199A dividends) and $1.218463 per share as capital gains. The company confirmed that the capital gains were determined under Section 1231 and are excluded from 'applicable partnership interest' disclosures.
Farmland Partners (NYSE: FPI) ha comunicato il trattamento fiscale delle sue distribuzioni di azioni ordinarie per il 2024. La società ha distribuito un totale di $1,60 per azione nel corso del 2024, costituito da più dividendi trimestrali di $0,06 per azione e due dividendi speciali: $0,21 (parzialmente allocato al 2024) e $1,15.
Le distribuzioni sono state caratterizzate come segue: $0,176684 per azione come dividendi ordinari tassabili (inclusi i dividendi qualificati e i dividendi ai sensi della Sezione 199A) e $1,218463 per azione come plusvalenze. L'azienda ha confermato che le plusvalenze sono state determinate ai sensi della Sezione 1231 e sono escluse dalle divulgazioni di 'interessi di partner applicabili'.
Farmland Partners (NYSE: FPI) ha divulgado el tratamiento fiscal de sus distribuciones de acciones ordinarias para el 2024. La empresa distribuyó un total de $1.60 por acción a lo largo del 2024, que consiste en múltiples dividendos trimestrales de $0.06 por acción y dos dividendos especiales: $0.21 (parcialmente asignado a 2024) y $1.15.
Las distribuciones se caracterizaron de la siguiente manera: $0.176684 por acción como dividendos ordinarios sujetos a impuestos (incluyendo dividendos calificados y dividendos de la Sección 199A) y $1.218463 por acción como ganancias de capital. La empresa confirmó que las ganancias de capital fueron determinadas bajo la Sección 1231 y están excluidas de las divulgaciones de 'intereses de asociación aplicables'.
Farmland Partners (NYSE: FPI)는 2024년 보통주 배당금의 세금 처리 방식을 공개했습니다. 이 회사는 2024년에 걸쳐 총 $1.60 per share를 배당했으며, 이는 $0.06의 분기 배당금과 두 개의 특별 배당금: $0.21 (부분적으로 2024년 분배) 및 $1.15로 구성됩니다.
배당금은 다음과 같이 분류되었습니다: $0.176684 per share는 과세되는 일반 배당금으로 (자격이 있는 배당금 및 섹션 199A 배당금 포함) 및 $1.218463 per share는 자본 이득으로. 이 회사는 자본 이득이 섹션 1231에 따라 결정되었으며 '적용 가능한 파트너십 이자' 공개에서 제외된다고 확인했습니다.
Farmland Partners (NYSE: FPI) a divulgué le traitement fiscal de ses distributions d'actions ordinaires pour 2024. L'entreprise a distribué un total de $1,60 par action tout au long de 2024, composé de plusieurs dividendes trimestriels de $0,06 par action et de deux dividendes spéciaux : $0,21 (partiellement attribué à 2024) et $1,15.
Les distributions ont été caractérisées comme suit : $0,176684 par action comme dividendes ordinaires imposables (y compris les dividendes qualifiés et les dividendes de la Section 199A) et $1,218463 par action comme plus-values. L'entreprise a confirmé que les plus-values ont été déterminées selon la Section 1231 et sont exclues des divulgations relatives aux 'intérêts de partenariat applicables'.
Farmland Partners (NYSE: FPI) hat die steuerliche Behandlung seiner Ausschüttungen von Stammaktien für das Jahr 2024 offengelegt. Das Unternehmen hat insgesamt $1,60 pro Aktie im Jahr 2024 verteilt, das besteht aus mehreren vierteljährlichen Dividenden von $0,06 pro Aktie und zwei Sonderdividenden: $0,21 (teilweise auf 2024 zugeordnet) und $1,15.
Die Ausschüttungen wurden wie folgt charakterisiert: $0,176684 pro Aktie als steuerpflichtige ordentliche Dividenden (einschließlich qualifizierter Dividenden und Dividenden gemäß Abschnitt 199A) und $1,218463 pro Aktie als Kapitalgewinne. Das Unternehmen bestätigte, dass die Kapitalgewinne nach Abschnitt 1231 bestimmt wurden und von Offenlegungen zu 'relevanten Partnerschaftsinteressen' ausgeschlossen sind.
- Total dividend distribution of $1.60 per share in 2024
- Special dividend of $1.15 per share declared in December 2024
- Consistent quarterly dividend payments of $0.06 per share throughout 2024
- None.
Farmland Partners Inc.
CUSIP: 31154R109
EIN: 46-3769850
| Farmland Partners Inc. 2024 Dividend Treatment | ||||||||||||||||||||||||||||
| Common Stock | ||||||||||||||||||||||||||||
| Dividends | Capital Gains | |||||||||||||||||||||||||||
| Declaration Date |
Payment Date | Record Date | Distribution Per Share |
Distribution Per Share Allocable to 2024 |
Taxable Ordinary (Box 1a) |
Qualified (Box 1b) (1) |
Total (Box 2a) |
Unrecaptured Section 1250 (Box 2b) | Return of Capital (Box 3) (2) |
Section 199A (Box 5) (1) |
||||||||||||||||||
12/12/2023 |
1/12/2024 |
12/29/2023 |
$ |
0.210000 |
$ |
0.005147 |
$ |
0.000652 |
$ |
- |
$ |
0.004495 |
$ |
- |
$ |
- |
$ |
0.000652 |
||||||||||
10/24/2023 |
1/17/2024 |
1/2/2024 |
$ |
0.060000 |
$ |
0.060000 |
$ |
0.007599 |
$ |
- |
$ |
0.052401 |
|
|
$ |
0.007599 |
||||||||||||
2/27/2024 |
4/15/2024 |
4/1/2024 |
$ |
0.060000 |
$ |
0.060000 |
$ |
0.007599 |
$ |
- |
$ |
0.052401 |
$ |
- |
$ |
- |
$ |
0.007599 |
||||||||||
4/29/2024 |
7/15/2024 |
7/1/2024 |
$ |
0.060000 |
$ |
0.060000 |
$ |
0.007599 |
$ |
- |
$ |
0.052401 |
$ |
- |
$ |
- |
$ |
0.007599 |
||||||||||
7/23/2024 |
10/15/2024 |
10/1/2024 |
$ |
0.060000 |
$ |
0.060000 |
$ |
0.007599 |
$ |
- |
$ |
0.052401 |
$ |
- |
$ |
- |
$ |
0.007599 |
||||||||||
12/13/2024 |
1/8/2025 |
12/18/2024 |
$ |
1.150000 |
$ |
1.150000 |
$ |
0.145638 |
$ |
- |
$ |
1.004362 |
$ |
- |
$ |
- |
$ |
0.145638 |
||||||||||
$ |
1.600000 |
$ |
1.395147 |
$ |
0.176684 |
$ |
- |
$ |
1.218463 |
$ |
- |
$ |
- |
$ |
0.176684 |
|||||||||||||
| Footnotes: | ||||||||||||||||||||||||||||
| (1) Qualified dividends and Section 199A dividends are a subset of, and included in, the taxable ordinary dividend amount. | ||||||||||||||||||||||||||||
| (2) Return of capital represents a return of stockholder investment. | ||||||||||||||||||||||||||||
The special dividend of
The special dividend of
Pursuant to Treas. Reg. § 1.1061-4(b)(7)(i), the capital gains shown in box 2(a) are determined under Section 1231 and are excluded from “applicable partnership interest” disclosures.
In 2024, there was no “Box 3 Nondividend Distribution” on form 1099-DIV, and therefore no requirement to file Form 8937.
The Nareit REIT 1099-DIV Spreadsheet is available for download under the heading “2024 Dividend Information” at this link: https://ir.farmlandpartners.com/resources/IRS-Forms/default.aspx.
Stockholders are encouraged to consult with their tax advisors as to the specific tax treatment of the distributions they received from us.
About Farmland Partners Inc.
Farmland Partners Inc. is an internally managed real estate company that owns and seeks to acquire high-quality North American farmland and makes loans to farmers secured by farm real estate. As of December 31, 2024, the Company owns and/or manages approximately 141,800 acres in 16 states, including
1 The REIT declared a dividend in December of 2023, and it was payable to shareholders of record as of December of 2023. In accordance with IRC §857(b)(9) the dividend deemed paid in 2023 was limited to the earnings & profits at that time. The remaining balance that was not includable in 2023 should be reported as a 2024 dividend.
2 The REIT declared a dividend in December 2024, payable to shareholders of record as of December 18, 2024. In accordance with IRC §857(b)(9) the dividend is deemed paid entirely in 2024 as it consists of undistributed 2024 earnings & profits.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250131766033/en/
Susan Landi
ir@farmlandpartners.com
Source: Farmland Partners Inc.
FAQ
What is the total dividend distribution for FPI shareholders in 2024?
How much are FPI's quarterly dividends in 2024?
What is the tax treatment of FPI's 2024 special dividend of $1.15?
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When will FPI's special dividend of $1.15 be paid?
