Federal Agricultural Mortgage's Preferred Stock, Series A Yield Pushes Past 5.5%
June 12, 2020 at 14:16 PM EDT
In trading on Friday, shares of Federal Agricultural Mortgage Corp's 5.875% Non-Cumulative Preferred Stock, Series A (AGM. RA) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4688), with shares changing hands as low as $26.11 on the day.
