|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||97.12 - 100.93|
|52 Week Range||57.06 - 111.88|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||11.78|
|Earnings Date||Aug 09, 2021 - Aug 13, 2021|
|Forward Dividend & Yield||3.52 (3.49%)|
|Ex-Dividend Date||Jun 14, 2021|
|1y Target Est||115.00|
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Federal...
The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a second quarter dividend of $0.88 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 June 30, 2021 to holders of record of common stock as of June 15, 2021.
The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A) today announced that it has agreed to issue $125 million of Tier 1 capital through the public offering of 4.875% non-cumulative perpetual Series G preferred stock, par value $25.00 per share. The preferred stock offering is expected to close on May 27, 2021, subject to customary closing conditions. Farmer Mac intends to use the net proceeds from the sale of the preferred stock for general corporate purposes. Farmer Mac expects to list the new series of preferred stock on the New York Stock Exchange under the symbol "AGM PRG."