Farmer Mac declares dividend on new series I preferred stock
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Dividend Yield: 2.6%
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Federal Agricultural Mortgage Corporation (NYSE: AGM), known as Farmer Mac, declared a dividend of $0.2769097 per share on its 6.875% Non-Cumulative Preferred Stock, Series I (NYSE: AGM.PR.I), according to a company statement.
The dividend covers the period from May 19, 2026, the issuance date, through July 17, 2026. The payment will be made on July 17, 2026, to shareholders of record as of July 1, 2026.
The board of directors previously declared dividends on the company's three classes of common stock and five other series of outstanding preferred stock on May 13, 2026.
Farmer Mac operates as a secondary market provider for agricultural and rural infrastructure financing in the United States.
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