Forbes -
26 Sep 2013 19:33

On 9/30/13, Federal Agricultural Mortgage Corp.'s 5.875% Non-Cumulative Preferred Stock, Series A (NYSE: AGM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3672, payable on 10/17/13. As a percentage of AGM.PRA's recent share price of $20.75, this dividend works out to approximately 1.77%, so look for shares of AGM.PRA to trade 1.77% lower -- all else being equal -- when AGM.PRA shares open for trading on 9/30/13. On an annualized basis, the current yield is approximately 7.08%, wh...
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