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 2.48%.
AGM has a dividend yield of 2.48% which is higher than the industry average but lower than the Financial Services sector average. But if we consider the Financial Services sector average of 2.58%, Federal Agricultural Mortgage's dividend yield is only 3.9% lower. The historical 5-year average of AGM's dividend yield is 3.4%, which is more than the current one.
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 0.7%.
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% |
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 44.9%, Federal Agricultural Mortgage's payout ratio is 25% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
ZION Zions Bancorporation National Association | 2.81% | $1.66 | 37.8% |
AGM Federal Agricultural Mortgage Corp | 2.48% | $5.3 | 33.8% |
SLM SLM Corp | 1.73% | $0.46 | 15.8% |
PFSI PennyMac Financial Services Inc | 0.93% | $1 | 30% |
Yes, Federal Agricultural Mortgage has paid four dividends in the last twelve months. AGM has been paying dividends since 2004.
Federal Agricultural Mortgage's last dividend ex-date was on Sep 16, 2024. The dividend amount was $1.4 per share.
On an annual basis AGM pays $5.3 per share.
The current dividend yield of Federal Agricultural Mortgage is 2.48%.
Federal Agricultural Mortgage has a quarterly dividend frequency.
The dividend payout ratio of Federal Agricultural Mortgage is 33.8%.
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.