Federal Agricultural Mortgage (NYSE:AGM) has declared a quarterly dividend of $1.50 per share, in line with previous. The forward yield is 3.19%. The dividend is payable on September 30 for shareholders of record on September 15, with an ex-dividend date of September 15.
The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac), a government-sponsored enterprise, has announced its third quarter dividend declarations. Effective for the period ending September 30, 2025, the company has declared a quarterly dividend of $1.50 per share for each of its 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 dividend will be payable on September 30, 2025, to shareholders of record as of September 15, 2025 [1].
Additionally, Farmer Mac has declared dividends on each of its four classes of preferred stock. The quarterly dividends for these classes are as follows: $0.35625 per share for 5.700% Non-Cumulative Preferred Stock, Series D (NYSE: AGM.PR.D); $0.359375 per share for 5.750% Non-Cumulative Preferred Stock, Series E (NYSE: AGM.PR.E); $0.328125 per share for 5.250% Non-Cumulative Preferred Stock, Series F (NYSE: AGM.PR.F); and $0.3046875 per share for 4.875% Non-Cumulative Preferred Stock, Series G (AGM.PR.G). These dividends are for the period from July 17, 2025, to October 17, 2025, and will be payable on October 17, 2025, to shareholders of record as of October 1, 2025 [1].
Farmer Mac's mission is to increase the accessibility of financing for American agriculture and rural infrastructure. The company's secondary market provides liquidity to agricultural and infrastructure businesses, supporting a vibrant rural America. The company offers a wide range of solutions to meet financial institutions' growth, liquidity, risk management, and capital relief needs across diverse markets, including agriculture, agribusiness, broadband infrastructure, power and utilities, and renewable energy [2].
The quarterly dividend announcement comes as Farmer Mac continues to expand its share repurchase program and reports record business volume. The company's non-GAAP EPS of $4.32 for the second quarter of 2025 exceeded analysts' expectations by $0.03 [3].
Farmer Mac's consistent dividend payouts reflect its strong financial performance and commitment to shareholder value. Investors should monitor the company's earnings reports and dividend announcements for further updates on its financial health and future dividend prospects.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250814ph50992/farmer-mac-declares-quarterly-dividends-on-common-and-preferred-stock
[2] https://www.morningstar.com/news/pr-newswire/20250814ph50992/farmer-mac-declares-quarterly-dividends-on-common-and-preferred-stock
[3] https://seekingalpha.com/news/4485748-federal-agricultural-mortgage-declares-1_50-dividend
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