Federal Agricultural Mortgage Non-Cumulative Preferred Stock, Series A About To Put More Money In Your Pocket

On 12/29/15, Federal Agricultural Mortgage Corp's 5.875% Non-Cumulative Preferred Stock, Series A (Symbol: AGM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 1/17/16. As a percentage of AGM.PRA's recent share price of $25.41, this dividend works out to approximately 1.45%, so look for shares of AGM.PRA to trade 1.45% lower - all else being equal - when AGM.PRA shares open for trading on 12/29/15. On an annualized basis, the current yield is approximately 5.77%. The chart below shows the one year performance of AGM.PRA shares, versus AGM:

Below is a dividend history chart for AGM.PRA, showing historical dividends prior to the most recent $0.3672 on Federal Agricultural Mortgage Corp's 5.875% Non-Cumulative Preferred Stock, Series A: In Monday trading, Federal Agricultural Mortgage Corp's 5.875% Non-Cumulative Preferred Stock, Series A (Symbol: AGM.PRA) is currently down about 0.3% on the day, while the common shares (Symbol: AGM) are down about 1.1%.

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

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