Published on 26 Feb 2024 on Simply Wall St. via Yahoo Finance
Federal Agricultural Mortgage (NYSE:AGM) Is Paying Out A Larger Dividend Than Last Year
The board of Federal Agricultural Mortgage Corporation (NYSE:AGM) has announced that it will be paying its dividend of $1.40 on the 28th of March, an increased payment from last year's comparable dividend. This will take the dividend yield to an attractive 3.1%, providing a nice boost to shareholder returns.
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Federal Agricultural Mortgage's Dividend Is Well Covered By Earnings