The market cap for Farmland Partner is approximately $142.0 million, hence it is considered a small-cap stock; that said, FPI stock is a high-dividend-paying stock. Based on the current price of $10.18, the dividend yield is 5.02%. Typically with small cap companies, money should be retained to grow the business further before dividends are paid out. But Farmland Partners is in a different class, and since the company became public in 2014, it has had a dividend policy in place. The more impressive fact when looking at the dividend history is that there has been two dividend hikes since the initial public offering (IPO).