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Farmer Mac Declares $0.4297 Quarterly Dividend for AGM.PR.I

Payment is scheduled for Jan. 19. Jan. 4 is both the record date and ex-dividend date, and the shares have an 8.2% forward yield.

An unmarked share certificate beside a miniature grain elevator / TokenPost.ai (macro)
An unmarked share certificate beside a miniature grain elevator / TokenPost.ai (macro)

Federal Agricultural Mortgage Corporation, known as Farmer Mac, declared a $0.4297 quarterly dividend for its 6.875 NON CUM PF preferred shares, which trade as AGM.PR.I.

Payment is scheduled for Jan. 19. Shareholders of record Jan. 4 qualify for the dividend, and that date is also the ex-dividend date. The shares have a forward yield of 8.2%.

The payout is separate from Farmer Mac’s quarterly dividend for its AGM.PR.H preferred shares.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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