WASHINGTON, Dec. 3, 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 December 31, 2014 to
holders of record of common stock as of December 19, 2014.
Farmer Mac's board of directors has also declared a dividend on
each of Farmer Mac's three classes of preferred stock – Series A
Non-Cumulative Preferred Stock (NYSE: AGM.PR.A), Series B
Non-Cumulative Preferred Stock (NYSE: AGM.PR.B), and Series C
Fixed-to-Floating Rate Non-Cumulative Preferred Stock (NYSE:
AGM.PR.C). The quarterly dividend of $0.3672 per share of Series A Non-Cumulative
Preferred Stock, $0.4297 per share of
Series B Non-Cumulative Preferred Stock, and $0.375 per share of Series C Fixed-to-Floating
Rate Non-Cumulative Preferred Stock is for the period from but not
including October 17, 2014 to and
including January 17, 2015, and shall
be payable on January 17, 2015 to
holders of record of preferred stock as of January 2, 2015. Each share of Series A
Non-Cumulative Preferred Stock, Series B Non-Cumulative Preferred
Stock, and Series C Fixed-to-Floating Rate Non-Cumulative Preferred
Stock has a par value and liquidation preference of $25.00 per share.
About Farmer Mac
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.
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SOURCE Farmer Mac