AGM Federal Agricultural Mortgage dividend history, payout ratio & dates
Federal Agricultural Mortgage's latest cash dividend of $1.4 per share was issued to shareholders on record before Sep 16, 2024. The dividend distribution stands at $5.3 per share annually, which comes to a dividend yield of 2.58%.
Key dates
- AGM last dividend date: Sep 16, 2024
AGM dividend stats
vs. Financial Services sector
Dividend yield
AGM has a dividend yield of 2.58% which is higher than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 2.55%, Federal Agricultural Mortgage's dividend yield is only 1.2% higher. The historical 5-year average of AGM's dividend yield is 3.4%, which is more than the current one.
Dividend history
Federal Agricultural Mortgage has been paying dividends for the last 20 years. Our records show that AGM has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 25% since twelve months ago. And with the price of the stock up by 24% from a year ago, the dividend yield has an increase of 0.1%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 16, 2024 | $1.4 | 2.84% |
| Jun 14, 2024 | $1.4 | 2.95% |
| Mar 14, 2024 | $1.4 | 2.54% |
| Dec 14, 2023 | $1.1 | 2.41% |
| Sep 14, 2023 | $1.1 | 2.57% |
| Jun 15, 2023 | $1.1 | 2.74% |
| Mar 15, 2023 | $1.1 | 3.14% |
| Dec 14, 2022 | $0.95 | 3.24% |
| Sep 14, 2022 | $0.95 | 3.59% |
| Jun 14, 2022 | $0.95 | 3.99% |
| Mar 15, 2022 | $0.95 | 2.79% |
| Dec 14, 2021 | $0.88 | 2.99% |
| Sep 14, 2021 | $0.88 | 3.54% |
| Jun 14, 2021 | $0.88 | 3.31% |
| Mar 15, 2021 | $0.88 | 3.3% |
| Dec 14, 2020 | $0.8 | 4.2% |
| Sep 15, 2020 | $0.8 | 4.64% |
| Jun 12, 2020 | $0.8 | 4.58% |
| Mar 13, 2020 | $0.8 | 5.15% |
| Dec 13, 2019 | $0.7 | 3.44% |
| Sep 13, 2019 | $0.7 | 3.08% |
| Jun 13, 2019 | $0.7 | 3.59% |
| Mar 14, 2019 | $0.7 | 3.13% |
| Dec 13, 2018 | $0.58 | 4.06% |
| Sep 13, 2018 | $0.58 | 2.68% |
| Jun 14, 2018 | $0.58 | 2.07% |
| Mar 16, 2018 | $0.58 | 1.88% |
| Dec 14, 2017 | $0.36 | 1.98% |
| Sep 14, 2017 | $0.36 | 2.07% |
| Jun 13, 2017 | $0.36 | 1.88% |
| Mar 16, 2017 | $0.36 | 1.85% |
| Dec 14, 2016 | $0.26 | 1.81% |
| Sep 13, 2016 | $0.26 | 2.47% |
| Jun 13, 2016 | $0.26 | 2.32% |
| Mar 17, 2016 | $0.26 | 2.03% |
| Dec 14, 2015 | $0.16 | 2.14% |
| Sep 11, 2015 | $0.16 | 2.31% |
| Jun 15, 2015 | $0.16 | 1.93% |
| Mar 12, 2015 | $0.16 | 1.8% |
Federal Agricultural Mortgage dividend payout ratio
Payout ratio
AGM has a payout ratio of 33.8% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 44%, Federal Agricultural Mortgage's payout ratio is 23% lower.
Total amount of dividends paid per financial year (from cash flow)
AGM dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ZION Zions Bancorporation National Association | 2.74% | $1.66 | 37.8% |
| AGM Federal Agricultural Mortgage Corp | 2.58% | $5.3 | 33.8% |
| SLM SLM Corp | 1.62% | $0.44 | 15.1% |
| PFSI PennyMac Financial Services Inc | 0.95% | $1 | 30% |
Frequently asked questions
Does Federal Agricultural Mortgage pay a dividend?
Yes, Federal Agricultural Mortgage has paid four dividends in the last twelve months. AGM has been paying dividends since 2004.
When was AGM's last dividend?
Federal Agricultural Mortgage's last dividend ex-date was on Sep 16, 2024. The dividend amount was $1.4 per share.
How much dividend does Federal Agricultural Mortgage pay (per share)?
On an annual basis AGM pays $5.3 per share.
What is Federal Agricultural Mortgage's dividend yield?
The current dividend yield of Federal Agricultural Mortgage is 2.58%.
How often does Federal Agricultural Mortgage pay dividends?
Federal Agricultural Mortgage has a quarterly dividend frequency.
What is Federal Agricultural Mortgage's dividend payout ratio?
The dividend payout ratio of Federal Agricultural Mortgage is 33.8%.
Does Federal Agricultural Mortgage pay a good dividend?
Federal Agricultural Mortgage's dividend yield is in line with the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.