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Fed Agricult. Mortg. (AGM) Raises Quarterly Dividend 62.5% to $0.26; 3.2% Yield

March 10, 2016 8:20 AM EST

Fed Agricult. Mortg. (NYSE: AGM) declared a quarterly dividend of $0.26 per share, or $1.04 annualized. This is a 62.5% increase from the prior dividend of $0.16.

The dividend will be payable on March 31, 2016, to stockholders of record on March 21, 2016, with an ex-dividend date of March 17,... More