Federal Agricultural Mortgage Corporation (AGM) Ex-Dividend Date Scheduled for March 13, 2013

By NASDAQ.com News March 11, 2013, 09:00:04 AM EDT

Federal Agricultural Mortgage Corporation ( AGM ) will begin trading ex-dividend on March 13, 2013. A cash dividend payment of $0.12 per share is scheduled to be paid on March 29, 2013. Shareholders who purchased AGM stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 20% increase over the prior quarter.

The previous trading day's last sale of AGM was $34.47, representing a -9.07% decrease from the 52 week high of $37.91 and a 71.92% increase over the 52 week low of $20.05.

AGM is a part of the Finance sector, which includes companies such as Encore Capital Group Inc ( ECPG ) and Asset Acceptance Capital Corp. ( AACC ). AGM's current earnings per share, an indicator of a company's profitability, is $4.35. Zacks Investment Research reports AGM's forecasted earnings growth in 2012 as -3.02%, compared to an industry average of 13.4%.

For more information on the declaration, record and payment dates, visit the AGM Dividend History page.

Interested in gaining exposure to AGM through an Exchange Traded Fund [ETF]?
The following ETF(s) have AGM as a top-10 holding:

  • PowerShares Zacks Micro Cap ( PZI ).

The top-performing ETF of this group is PZI with an increase of 13.95% over the last 100 days. It also has the highest percent weighting of AGM at 0.26%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: News Headlines, Stocks

Referenced Stocks: AACC, AGM, ECPG, PZI



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