WASHINGTON, June 3, 2026 /PRNewswire/ -- The board of directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) has declared a dividend on Farmer Mac's recently issued 6.875% Non-Cumulative Preferred Stock, Series I (NYSE: AGM.PR.I) (the "Series I Preferred Stock"). The dividend of $0.2769097 per share of Series I Preferred Stock is for the period from but not including May 19, 2026 (the issuance date) to and including July 17, 2026. This preferred stock dividend will be payable on July 17, 2026, to holders of record of the Series I Preferred Stock as of July 1, 2026. Farmer Mac's board of directors had previously declared dividends on the company's three classes of common stock (Class A, Class B, and Class C) and five other series of outstanding preferred stock (Series D, Series E, Series F, Series G, and Series H), which was announced on May 13, 2026.
About Farmer Mac
Farmer Mac is driven by its mission to increase the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure. Our secondary market provides liquidity to our nation's agricultural and infrastructure businesses, supporting a vibrant and strong rural America. We offer a wide range of solutions to help 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. We are uniquely positioned to facilitate competitive access to financing that fuels growth, innovation, and prosperity in America's rural and agricultural communities. Additional information about Farmer Mac is available on our website at www.farmermac.com.
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SOURCE Farmer Mac
FAQ
What dividend did Farmer Mac (NYSE:AGM) declare on its Series I preferred stock on June 3, 2026?
Farmer Mac declared a $0.2769097 per share dividend on its 6.875% Non-Cumulative Preferred Stock, Series I. According to Farmer Mac, this covers the period from May 19, 2026 through July 17, 2026 and is the initial dividend for this series.
When are the record date and payment date for Farmer Mac Series I preferred dividend (AGM.PR.I)?
The Series I preferred dividend will be paid on July 17, 2026 to shareholders of record on July 1, 2026. According to Farmer Mac, this timing applies to the $0.2769097 per share dividend for the initial accrual period after issuance.
What is the dividend rate on Farmer Mac's 6.875% Non-Cumulative Preferred Stock, Series I (AGM.PR.I)?
Farmer Mac’s Series I preferred stock carries a 6.875% non-cumulative dividend rate. According to Farmer Mac, the declared $0.2769097 per share dividend reflects this rate for the period from May 19, 2026, the issuance date, to July 17, 2026.
How does the June 3, 2026 Series I preferred dividend relate to other Farmer Mac dividends (AGM)?
The June 3, 2026 decision adds a dividend for the new Series I preferred to earlier declarations. According to Farmer Mac, the board had already declared dividends on three common stock classes and five other preferred series on May 13, 2026.
Which Farmer Mac shareholders are eligible for the July 17, 2026 Series I preferred dividend (AGM.PR.I)?
Shareholders of Farmer Mac’s Series I preferred stock on July 1, 2026 are eligible for the dividend. According to Farmer Mac, holders of record that day will receive $0.2769097 per share, payable on July 17, 2026.
What does Farmer Mac do and how might its Series I preferred dividend interest investors in AGM?
Farmer Mac provides secondary market financing for American agriculture and rural infrastructure. According to Farmer Mac, it supports sectors like agribusiness, broadband, power, utilities, and renewable energy, and the Series I preferred dividend offers income-focused investors another option within its capital structure.
