NYSE:AGMDiversified Financial
Should Farmer Mac’s Analyst Upgrade and New Preferred Dividend Strategy Prompt Action From Federal Agricultural Mortgage (AGM) Investors?
Federal Agricultural Mortgage Corporation (Farmer Mac) was recently upgraded to a higher analyst rating after a sustained rise in earnings estimates, while its board also declared an initial dividend of US$0.2769097 per share on its newly issued 6.875% Non-Cumulative Preferred Stock, Series I, for the period from May 19, 2026, to July 17, 2026, payable on July 17, 2026, to holders of record on July 1, 2026.
This combination of an analyst upgrade and the launch of a new preferred dividend...