Federal Agricultural Mortgage Corp Declares $1.60 Quarterly Common Dividend

What Happened

• On August 12, 2026, the Board of Directors of Federal Agricultural Mortgage Corporation (Farmer Mac) declared a quarterly dividend of $1.60 per share on each class of common stock (Class A, Class B and Class C). The common dividend is payable September 30, 2026, to holders of record as of September 15, 2026.
• The Board also declared quarterly dividends on all six series of Farmer Mac preferred stock for the period (excluding July 17, 2026 through including October 17, 2026). Record date for the preferred dividends is October 1, 2026; payment will be made the business day after October 17, 2026, with the same effect as if paid on October 17, 2026. Each preferred share has a $25 par value and $25 liquidation preference. The amounts per share are:
  • Series D (5.700%): $0.3562500
  • Series E (5.750%): $0.3593750
  • Series F (5.250%): $0.3281250
  • Series G (4.875%): $0.3046875
  • Series H (6.500%): $0.4062500
  • Series I (6.875%): $0.4296875
• The filing includes a press release (Exhibit 99) with the dividend details.

Key Details

• Board declared dividends on August 12, 2026.
• Common dividend: $1.60 per share; payable Sept 30, 2026; record date Sept 15, 2026.
• Preferred dividends cover the period (July 17, 2026, exclusive – Oct 17, 2026, inclusive); preferred record date Oct 1, 2026; payment treated as of Oct 17, 2026.
• Preferred share par value and liquidation preference: $25.00 per share; all preferred series are non‑cumulative.

Why It Matters

• Income: The declared common and preferred dividends provide scheduled cash returns to shareholders and preferred holders; investors receiving dividends should note the specific record and payment dates to qualify.
• Cash allocation signal: Regular dividend declarations indicate Farmer Mac is allocating earnings/cash for shareholder distributions this quarter; preferred dividends being non‑cumulative means missed payments would not accrue.
• Practical impact: Retail investors should mark the record dates (Sept 15 for common; Oct 1 for preferred) if they intend to qualify for the upcoming payments. The specific per‑share amounts and dates are definitive and were filed in the 8-K.