Farmer Mac Declares Quarterly Dividends on Common and Preferred Stock
04 Juni 2014 - 10:43PM
PR Newswire (US)
WASHINGTON, June 4, 2014 /PRNewswire/ -- The board of
directors of the Federal Agricultural Mortgage Corporation (Farmer
Mac) has declared a quarterly dividend per share on 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 of $0.14 will be payable on June 30, 2014 to holders of record of common
stock as of June 16, 2014.
Farmer Mac's board of directors has also declared a quarterly
dividend on each of Farmer Mac's two classes of preferred stock –
Series A Non-Cumulative Preferred Stock (NYSE: AGM.PR.A) and Series
B Non-Cumulative Preferred Stock (NYSE: AGM.PR.B). The
quarterly dividend of $0.3672 per
share of Series A Non-Cumulative Preferred Stock and
$0.4297 per share of Series B
Non-Cumulative Preferred Stock is for the period from but not
including April 17, 2014 to and including July 17, 2014, and shall be payable on
July 17, 2014 to holders of record of preferred stock as of
July 2, 2014. Each share of
Series A Non-Cumulative Preferred Stock and Series B Non-Cumulative
Preferred Stock has a par value and liquidation preference of
$25.00 per share.
Farmer Mac is the stockholder-owned company created to deliver
capital and increase lender competition for the benefit of American
agriculture and rural communities. Additional information
about Farmer Mac is available on Farmer Mac's website at
www.farmermac.com.
SOURCE Farmer Mac
Copyright 2014 PR Newswire
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