WASHINGTON, May 4, 2016 /PRNewswire/ -- The board of
directors of the Federal Agricultural Mortgage Corporation (Farmer
Mac) has declared a second 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 June
30, 2016 to holders of record of common stock as of
June 15, 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
April 17, 2016 to and including
July 17, 2016. The preferred
stock dividends will be payable on July 17,
2016 to holders of record of preferred stock as of
July 5, 2016.
Additionally, Farmer Mac announced today that it will release
its financial results for the fiscal quarter ending March 31, 2016, on Tuesday, May 10, 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