Federal Agricultural Mortgage Corporation

Federal Agricultural Mortgage Corporation (Farmer Mac)

A federal agency chartered in 1988 to provide a secondary market for farm mortgage loans.

Farmer Mac

Informal for Federal Agricultural Mortgage Corporation. A publicly-traded company chartered by the U.S. Congress to provide a secondary market for mortgages granted for agricultural real estate and rural housing. In order to do this, it buys mortgages and repackages them, selling them as mortgage-backed securities. Farmer Mac was established to make real estate easier to purchase for farmers, ranchers, and rural citizens. It was established in 1988. See also: Farm Credit System, Fannie Mae, Freddie Mac.

Federal Agricultural Mortgage Corporation (FAMC)

Commonly called Farmer Mac (www.farmermac.com), it is one of the system entities in the Farm Credit System. Its purpose is to attract new capital for the financing of agricultural real estate and to provide liquidity to agricultural lenders.

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The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE:AGM) (NYSE:AGM.A) revealed on Thursday a 14% increase in its quarterly common stock dividend over the previous quarter.

Farmer Mac declares 14% higher and 4th consecutive annual dividend increase

Federal Agricultural Mortgage Corporation (Farmer Mac) revealed on Wednesday that it will pay a dividend of USD0.26 per share for the third quarter, on each of its class A voting common stock (NYSE:AGM.A), class B voting common stock (not listed) and class C non-voting common stock (NYSE:AGM), as authorised by the board of directors.

Farmer Mac announces dividend of USD0.26 per share for Q3 2016

The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE:AGM) (NYSE:AGM.A) declared on Thursday that for the fiscal fourth quarter ended 31 December 2016, its net income attributable to common stockholders was USD25.5m or USD2.38 per diluted common share, up by USD10.5m from the net income attributable to common stockholders of USD15.0m or USD1.35 per diluted common share in the same quarter 2015.

Farmer Mac reports increased net income for Q4 2016 over Q4 2015 and higher dividend of USD

The Federal Agricultural Mortgage Corporation (Farmer Mac) revealed on Wednesday that its board of directors authorised a fourth quarter dividend of USD0.26 per share for each of the company's class A voting common stock (NYSE:AGM.A), class B voting common stock (not listed on any exchange) and class C non-voting common stock (NYSE:AGM).

Farmer Mac announces common and preferred stock dividends for Q4 2016

The Farm Credit System in October announced it was making a $60 million investment in the Federal Agricultural Mortgage Corporation (Farmer Mac), which provides a secondary market for agricultural real estate loans, rural home mortgages and rural utility loans.

Farm Credit System banks purchase $60 million of Farmer Mac stock

Federal Agricultural Mortgage Corporation's (Farmer Mac) (NYSE:AGM) board of directors authorised class A voting common stock (NYSE:AGM.A), class B voting common stock (not listed on an exchange and class C non-voting common stock (NYSE:AGM)'s dividend of USD0.36 per share for the third quarter of 2017, the company disclosed on Thursday.

Farmer Mac announces dividends of USD0.36 per share for three classes of common stock

The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE: AGM) and investment firm, Morgan Keegan & Company, have announced that they have entered into an agreement.

Morgan Keegan and Farmer Mac enter into agreement

Federal Agricultural Mortgage Corporation's (Farmer Mac) board of directors authorised a second quarter 2017 dividend of USD0.36 per share on each of the company's three classes of common stock, class A voting common stock (NYSE:AGM.A), class B voting common stock (not listed on any exchange) and class C non-voting common stock (NYSE:AGM), it disclosed on Wednesday.

Farmer Mac announces common and preferred stock dividends for Q2 2017 and conference call for Q1 2017 results

The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE: AGM) (AGM.A) has said that it has agreed to issue USD75m of Tier 1 capital through the public offering of 6.875 percent non-cumulative perpetual Series B preferred stock, par value USD25.00 per share.

Farmer Mac to issue USD75m of Series B Preferred Stock

4 -- FAMC (Federal Agricultural Mortgage Corporation)

Legal Developments

US-based Federal Agricultural Mortgage Corporation (Farmer Mac), a stockholder-owned company that delivers capital and increases lender competition for American agriculture and rural communities, revealed on Friday a dividend of USD0.105 per share on its 6.875% non-cumulative preferred series B stock (NYSE:AGM.PR.B).

Farmer Mac announces preferred stock dividend of USD0.105 per share

Federal Agricultural Mortgage Corporation (Farmer Mac) revealed on Wednesday that its board of directors authorised a second quarter dividend of USD0.26 per share for each of Farmer Mac's three classes of common stock, class A voting common stock (NYSE:AGM.A), class B voting common stock (not listed on any exchange) and class C non-voting common stock (NYSE:AGM).