Farmer Mac Declares Dividend on Preferred Stock
December 05 2003 - 3:05PM
PR Newswire (US)
Farmer Mac Declares Dividend on Preferred Stock WASHINGTON, Dec. 5
/PRNewswire-FirstCall/ -- The Board of Directors of the Federal
Agricultural Mortgage Corporation (Farmer Mac) has declared a
quarterly dividend on the Corporation's 6.40% Cumulative Preferred
Stock, Series A. The dividend of $0.80 per share, which is for the
period from October 1, 2003 through December 31, 2003, will be
payable on December 31, 2003 to stockholders of record as of
December 20, 2003. Farmer Mac is a stockholder-owned
instrumentality of the United States chartered by Congress to
establish a secondary market for agricultural real estate and rural
housing mortgage loans, and to facilitate capital market funding
for USDA guaranteed farm program and rural development loans.
Farmer Mac's Class C and Class A common stocks are listed on the
New York Stock Exchange under the symbols AGM and AGM.A,
respectively. Farmer Mac's Series A preferred stock, on which the
dividend announced in this release was declared, is not listed on
any exchange. Additional information about Farmer Mac is available
on Farmer Mac's website at http://www.farmermac.com/. DATASOURCE:
Farmer Mac CONTACT: Jerome Oslick of Farmer Mac, +1-202-872-7700
Web site: http://www.farmermac.com/
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