WASHINGTON, Aug. 7, 2024
/PRNewswire/ -- The board of directors of the Federal Agricultural
Mortgage Corporation (Farmer Mac) has declared a third quarter
dividend of $1.40 per share for each
of Farmer Mac's three classes of common stock – Class A Voting
Common Stock (NYSE: AGM.A), Class B Voting Common Stock (not
listed on any exchange), and Class C Non-Voting Common Stock (NYSE:
AGM). The quarterly dividend will be payable on September 30, 2024 to holders of record of common
stock as of September 16, 2024.
Farmer Mac's board of directors has also declared a dividend on
each of Farmer Mac's four classes of preferred stock. The quarterly
dividend of $0.35625 per share of
5.700% Non-Cumulative Preferred Stock, Series D (NYSE: AGM.PR.D),
$0.359375 per share of 5.750%
Non-Cumulative Preferred Stock, Series E (NYSE: AGM.PR.E),
$0.328125 per share of 5.250%
Non-Cumulative Preferred Stock, Series F (NYSE: AGM.PR.F), and
$0.3046875 per share of 4.875%
Non-Cumulative Preferred Stock, Series G (AGM.PR.G), is for the
period from but not including July 17,
2024 to and including October 17,
2024. These preferred stock dividends will be payable on
October 17, 2024 to holders of record
of those classes of preferred stock as of October 1, 2024.
About Farmer Mac
Farmer Mac is driven by its mission
to increase the accessibility of financing for American agriculture
and rural infrastructure. As a secondary market provider for our
nation's agricultural and rural infrastructure credit, we provide
financial solutions to a broad spectrum of customers supporting
rural America, including agricultural lenders, agribusinesses, and
rural electric cooperatives. We are uniquely positioned to
facilitate competitive access to financing that fuels growth,
innovation, and prosperity in America's rural and agricultural
communities. Additional information about Farmer Mac is
available on Farmer Mac's website at www.farmermac.com.
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SOURCE Farmer Mac