AMERICAN FARMLAND COMPANY (NYSEMKT:AFCO) Files An 8-K Other EventsItem 8.01 Other Events.
On December 13, 2016, the Board of Directors of American Farmland Company (the “Company”) approved and declared a quarterly cash dividend of $0.0625 per share of the common stock of the Company and a quarterly cash distribution of $0.0625 per unit on the operating partnership units of American Farmland Company L.P. (the “Operating Partnership”) for the fourth quarter of 2016. The dividend will be paid on January 13, 2017 to stockholders of record of the Company at the close of business on January 2, 2017. Similarly, the distribution will be paid on January 13, 2017 to unitholders of record of the Operating Partnership at the close of business on January 2, 2017.
About AMERICAN FARMLAND COMPANY (NYSEMKT:AFCO)
American Farmland Company is an internally managed real estate company. The Company owns a portfolio of farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland in development, located in select major agricultural regions in the United States. It operates through four segments: Permanent Crop, Specialty/Vegetable Row Crop, Commodity Row Crop and Development. Permanent Crop consists of its Kimberly Vineyard, Golden Eagle Ranch, Quail Run Vineyard, Blue Heron Farms, Falcon Farms and Kingfisher Ranch properties. Specialty/Vegetable Row Crop consists of its Sandpiper Ranch and Sweetwater Farm properties. Commodity Row Crop consists of its Pleasant Plains Farm, Macomb Farm, Kane County Farms and Tillar Farm. Development consists of its Blue Cypress Farm, Roadrunner Ranch, Condor Ranch (of which over 68 mature acres are subject to participating leases), Grassy Island Groves, Pintail Vineyards and Hawk Creek Ranch properties. AMERICAN FARMLAND COMPANY (NYSEMKT:AFCO) Recent Trading Information
AMERICAN FARMLAND COMPANY (NYSEMKT:AFCO) closed its last trading session down -0.28 at 7.59 with 62,909 shares trading hands.