Farmer Mac Declares Dividend on Preferred Stock
April 06 2004 - 3:33PM
PR Newswire (US)
Farmer Mac Declares Dividend on Preferred Stock WASHINGTON, April 6
/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 April 1, 2004 through June 30, 2004, will be payable on
June 30, 2004 to stockholders of record as of June 20, 2004. 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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