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Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
AGMFederal Agricultural Mortgage (AGM) Prnewswire·2024-08-07 20:15

Group 1 - Farmer Mac's board of directors declared a third quarter dividend of $1.40 per share for each class of common stock [1] - The dividend will be payable on September 30, 2024, to holders of record as of September 16, 2024 [1] - A dividend was also declared for four classes of preferred stock, with varying amounts per share [2] Group 2 - The preferred stock dividends are for the period from July 17, 2024, to October 17, 2024 [2] - These preferred stock dividends will be payable on October 17, 2024, to holders of record as of October 1, 2024 [2] - Farmer Mac aims to increase financing accessibility for American agriculture and rural infrastructure [3] Group 3 - Farmer Mac serves as a secondary market provider for agricultural and rural infrastructure credit [3] - The company provides financial solutions to agricultural lenders, agribusinesses, and rural electric cooperatives [3] - Farmer Mac is positioned to facilitate competitive access to financing that supports growth in rural and agricultural communities [3]