8-KFiled Jun 2, 8:00 PM ET

Federal Agricultural Mortgage Corp Declares Series I Preferred Dividend

$AGM · FEDERAL AGRICULTURAL MORTGAGE CORP

Research Summary

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Federal Agricultural Mortgage Corp Declares Series I Preferred Dividend

What Happened
Federal Agricultural Mortgage Corporation (Farmer Mac) announced on June 3, 2026 that its Board declared a quarterly dividend on its 6.875% Non‑Cumulative Preferred Stock, Series I. The dividend is $0.2769097 per share for the period from (but not including) May 19, 2026 to and including July 17, 2026, and will be paid July 17, 2026 to holders of record as of July 1, 2026. The announcement was included in a press release attached to the 8‑K.

Key Details

  • Dividend per share: $0.2769097 on Series I preferred stock (6.875% non‑cumulative).
  • Accrual period: after May 19, 2026 up to and including July 17, 2026.
  • Record date: July 1, 2026. Payment date: July 17, 2026.
  • The Board had previously declared dividends on Class A, B and C common stock and Series D–H preferred stock (announced May 13, 2026).

Why It Matters
This is a routine cash distribution for holders of Farmer Mac’s Series I preferred shares. Because the Series I shares are non‑cumulative, missed dividends (if any) would not accumulate for future payment; however, this filing confirms the scheduled payment will be made. Investors who want to receive the dividend must hold the shares by the July 1 record date.