The Board of Directors of the Federal Agricultural Mortgage Corporation (Farmer Mac) declared fourth quarter 2026 dividends on its three classes of common stock and six classes of preferred stock, according to a press release issued November 12, 2026.

Key Highlights

  • Common stock dividend: $1.60 per share declared for each of Farmer Mac's three classes of common stock, payable December 31, 2026 to holders of record as of December 15, 2026.
  • Six preferred series covered: Dividends declared on Series D, E, F, G, H, and I preferred stock for the period from but not including October 17, 2026 to and including January 17, 2027.
  • Preferred record date: Holders of record of preferred stock as of January 4, 2027 will receive payment on the business day following January 17, 2027.
  • Series H and I carry the highest preferred rates: Series H (6.500%) pays $0.40625 per share and Series I (6.875%) pays $0.4296875 per share for the quarter.
  • Class B not exchange-listed: The filing notes Class B Voting Common Stock is "not listed on any exchange," while Class A trades on NYSE:AGM.A and Class C trades on NYSE:AGM.

Farmer Mac's Q4 2026 Dividend Declarations Across All Share Classes

According to the filing, Farmer Mac's Board of Directors declared a quarterly common stock dividend of $1.60 per share applicable equally to Class A Voting Common Stock (NYSE:AGM.A), Class B Voting Common Stock, and Class C Non-Voting Common Stock (NYSE:AGM). The dividend is payable on December 31, 2026 to holders of record as of December 15, 2026.

The board also declared dividends on all six series of Farmer Mac's non-cumulative preferred stock. Per the filing, the per-share amounts are as follows: $0.35625 for 5.700% Series D (NYSE:AGM.PR.D); $0.359375 for 5.750% Series E (NYSE:AGM.PR.E); $0.328125 for 5.250% Series F (NYSE:AGM.PR.F); $0.3046875 for 4.875% Series G (NYSE:AGM.PR.G); $0.40625 for 6.500% Series H (NYSE:AGM.PR.H); and $0.4296875 for 6.875% Series I (NYSE:AGM.PR.I). These preferred dividends cover the period from but not including October 17, 2026 to and including January 17, 2027.

The filing states that preferred dividends will be paid to holders of record as of January 4, 2027, on the business day following January 17, 2027, "with the same force and effect as though paid on January 17, 2027." All preferred series are described as non-cumulative in the filing.

What Was Disclosed

Farmer Mac disclosed a $1.60 per share common stock dividend payable December 31, 2026, and six separate preferred stock dividends ranging from $0.3046875 to $0.4296875 per share, payable after January 17, 2027, all declared by the company's Board of Directors on November 12, 2026.