IR Menu Tax Treatment Tax Treatment The schedule below outlines the distributions that were made during the taxable years shown from Farmland Partners Inc. (FPI) to shareholders of record. When a distribution is made from a corporation (or a REIT), that distribution is taxed subject to the rules of Internal Revenue Code Section 301. The general breakdown of the tax treatment of distributions is presented below. The information presented has been calculated based on the requirements of the Internal Revenue Code and therefore does not consider the state and local tax consequences at the individual investor level. As a result, FPI advises all shareholders to consult with their own tax advisors to determine the proper presentation of this information on their individual tax returns. Farmland Partners Inc. 2019 Dividend Treatment Common Stock Dividends Capital Gains Declaration Date Payment Date Record date Distribution Per Share Taxable Ordinary (Box 1a) Qualified (Box 1b) (1) Total (Box 2a) Unrecaptured Section 1250 (Box 2b) Return of Capital (Box3) (2) Section 199A (Box 5) (1) 11/5/2018 1/15/2019 1/1/2019 $0.050000 $0.001171 $- $0.002829 $- $0.046000 $0.001171 3/13/2019 4/15/2019 4/1/2019 $0.050000 $0.001171 $- $0.002829 $- $0.046000 $0.001171 5/8/2019 7/15/2019 7/1/2019 $0.050000 $0.001171 $- $0.002829 $- $0.046000 $0.001171 8/6/2019 10/15/2019 10/1/2019 $0.050000 $0.001171 $- $0.002829 $- $0.046000 $0.001171 $0.200000 $0.004685 $- $0.011314 $- $0.184000 $0.004685 Preferred Stock Dividends Capital Gains Declaration Date Payment Date Record date Distribution Per Share Taxable Ordinary (Box 1a) Qualified (Box 1b) (1) Total (Box 2a) Unrecaptured Section 1250 (Box 2b) Return of Capital (Box3) (2) Section 199A (Box 5) (1) 3/13/2019 4/1/2019 3/15/2019 $0.37500 $0.109820 $- $0.265182 $- $- $0.109818 5/8/2019 7/1/2019 6/15/2019 $0.37500 $0.109820 $- $0.265182 $- $- $0.109818 8/6/2019 9/30/2019 9/16/2019 $0.37500 $0.109820 $- $0.265182 $- $- $0.109818 11/7/2019 12/30/2019 12/13/2019 $0.37500 $0.109820 $- $0.265182 $- $- $0.109818 $1.50000 $0.439270 $- $1.060729 $- $- $0.439271 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. Farmland Partners Inc. 2018 Dividend Treatment Common Stock Dividends Capital Gains Declaration Date Payment Date Record date Distribution Per Share Taxable Ordinary (Box 1a) Qualified (Box 1b) (1) Total (Box 2a) Unrecaptured Section 1250 (Box 2b) Return of Capital (Box3) (2) Section 199A (Box 5) (1) 11/8/2017 1/16/2018 1/1/2018 $0.12750 $0.01633 $0.00402 $- $- $0.11117 $0.01231 2/13/2018 4/16/2018 4/2/2018 $0.12750 $0.01633 $0.00402 $- $- $0.11117 $0.01231 5/9/2018 7/16/2018 7/2/2018 $0.12750 $0.01633 $0.00402 $- $- $0.11117 $0.01231 8/8/2018 10/15/2018 10/1/2018 $0.05000 $0.00640 $0.00158 $- $- $ 0.04360 $0.00483 $0.43250 $0.05540 $0.01364 $- $- $0.37710 $0.04176 Preferred Stock Dividends Capital Gains Declaration Date Payment Date Record date Distribution Per Share Taxable Ordinary (Box 1a) Qualified (Box 1b) (1) Total (Box 2a) Unrecaptured Section 1250 (Box 2b) Return of Capital (Box3) (2) Section 199A (Box 5) (1) 11/8/2017 1/2/2018 12/15/2017 $0.37500 $0.37500 $0.09230 $- $- $- $0.28270 2/13/2018 4/2/2018 3/15/2018 $0.37500 $0.37500 $0.09230 $- $- $- $0.28270 5/1/2018 6/29/2018 6/15/2018 $0.37500 $0.37500 $0.09230 $- $- $- $0.28270 8/6/2018 10/1/2018 9/14/2018 $0.37500 $0.37500 $0.09230 $- $- $- $0.28270 11/5/2018 12/31/2018 12/14/2018 $0.37500 $0.37500 $0.09230 $- $- $- $0.28270 $1.87500 $1.87500 $0.46148 $- $- $- $1.41352 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.