Federal Agricultural Mortgage Corporation

NYSE:AGM.PRF Stock Report

Market Cap: US$1.9b

Federal Agricultural Mortgage Dividend

Dividend criteria checks 5/6

Federal Agricultural Mortgage is a dividend paying company with a current yield of 3.03% that is well covered by earnings. Next payment date is on 17th October, 2024 with an ex-dividend date of 1st October, 2024.

Key information

3.0%

Dividend yield

30%

Payout ratio

Industry average yield1.0%
Next dividend pay date17 Oct 24
Ex dividend date01 Oct 24
Dividend per shareUS$5.600
Earnings per shareUS$16.49
Dividend yield forecast3.2%

Recent dividend updates

Recent updates

Upcoming Dividend Payment

TodaySep 26 2024Ex Dividend DateOct 01 2024Dividend Pay DateOct 17 202416 days from Ex DividendBuy in the next 4 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: AGM.PRF's dividends per share have been stable in the past 10 years.

Growing Dividend: AGM.PRF's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Federal Agricultural Mortgage Dividend Yield vs Market
How does AGM.PRF dividend yield compare to the market?
SegmentDividend Yield
Company (AGM.PRF)3.0%
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.3%
Industry Average (Diversified Financial)1.0%
Analyst forecast (AGM.PRF) (up to 3 years)3.2%

Notable Dividend: AGM.PRF's dividend (3.03%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: AGM.PRF's dividend (3.03%) is low compared to the top 25% of dividend payers in the US market (4.33%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.2%), AGM.PRF's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (12.7%), AGM.PRF's dividend payments are thoroughly covered by cash flows.


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