WASHINGTON, Nov. 2, 2016 /PRNewswire/ -- The
board of directors of the Federal Agricultural Mortgage Corporation
(Farmer Mac) has declared a fourth quarter dividend of $0.26 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 December 31, 2016 to holders of record of common
stock as of December 16, 2016.
Farmer Mac's board of directors has also declared a dividend on
each of Farmer Mac's three classes of preferred stock. The
quarterly dividend of $0.3672 per
share of 5.875% Non-Cumulative Preferred Stock, Series A (NYSE:
AGM.PR.A), $0.4297 per share of
6.875% Non-Cumulative Preferred Stock, Series B (NYSE: AGM.PR.B),
and $0.375 per share of 6.000%
Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C
(NYSE: AGM.PR.C), is for the period from but not including
October 17, 2016 to and including
January 17, 2017. The preferred
stock dividends will be payable on January
17, 2017 to holders of record of preferred stock as of
January 2,
2017.
Additionally, Farmer Mac announced today that it will release
its financial results for the fiscal quarter ending September 30, 2016, on Wednesday, November 9, 2016, prior to the opening
of equity markets. A conference call to discuss the results
will be held that day at 11:00 a.m. eastern
time.
The conference call can be accessed by telephone or webcast as
follows:
Dial-In (Domestic): (888) 346-2616
Dial-In (International): (412) 902-4254
Webcast:
https://www.farmermac.com/investors/events-presentations/
When dialing in to the call, please ask for conference chairman
Tim Buzby. This call can be
heard live and will also be available for replay on Farmer Mac's
website at the link noted above following the conclusion of the
conference call.
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