FEDERAL AGRICULTURAL MORTGAGE CORP Files 8-K

TL;DR

FARM CREDIT files 8-K, mostly routine financial docs.

AI Summary

On August 7, 2024, FEDERAL AGRICULTURAL MORTGAGE CORP filed an 8-K report. The filing primarily concerns financial statements and exhibits, with no specific material events or other significant disclosures detailed in the provided text.

Why It Matters

This 8-K filing indicates routine reporting by FEDERAL AGRICULTURAL MORTGAGE CORP, primarily related to financial statements and exhibits, without immediate news of significant corporate events.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for financial statements and exhibits, indicating no immediate material changes or risks.

Key Players & Entities

• FEDERAL AGRICULTURAL MORTGAGE CORP (company) — Registrant
• August 7, 2024 (date) — Date of earliest event reported
• 001-14951 (company) — Commission File Number
• 52-1578738 (company) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $1.40 — Common Stock. The quarterly dividend of $1.40 per share of common stock will be payab
• $0.35625 — red Stock "). The quarterly dividend of $0.35625 per share of Series D Preferred Stock,
• $0.359375 — per share of Series D Preferred Stock, $0.359375 per share of Series E Preferred Stock,
• $0.328125 — per share of Series E Preferred Stock, $0.328125 per share of Series F Preferred Stock,
• $0.3046875 — share of Series F Preferred Stock, and $0.3046875 per share of Series G Preferred Stock i
• $25.00 — par value and liquidation preference of $25.00 per share. Information about the divi

Filing Documents

• agm-20240807.htm (8-K) — 37KB
• a20240807farmermacdeclares.htm (EX-99) — 5KB
• image_0.jpg (GRAPHIC) — 418KB
• 0000845877-24-000204.txt ( ) — 782KB
• agm-20240807.xsd (EX-101.SCH) — 2KB
• agm-20240807_def.xml (EX-101.DEF) — 18KB
• agm-20240807_lab.xml (EX-101.LAB) — 32KB
• agm-20240807_pre.xml (EX-101.PRE) — 19KB
• agm-20240807_htm.xml (XML) — 7KB

01 Other Events

Item 8.01 Other Events. On August 7, 2024, the Board of Directors (" Board ") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") declared a quarterly dividend on each of Farmer Mac's three classes of common stock – Class A Voting Common Stock, Class B Voting Common Stock, and Class C Non-Voting Common Stock. The quarterly dividend of $1.40 per share of common stock will be payable on September 30, 2024, to holders of record of Farmer Mac's common stock as of September 16, 2024. Also on August 7, 2024, the Board declared a dividend on each of Farmer Mac's four classes of preferred stock – 5.700% Non-Cumulative Preferred Stock, Series D (" Series D Preferred Stock "), 5.750% Non-Cumulative Preferred Stock, Series E (" Series E Preferred Stock "), 5.250% Non-Cumulative Preferred Stock, Series F (" Series F Preferred Stock "), and 4.875% Non-Cumulative Preferred Stock, Series G (" Series G Preferred Stock "). The quarterly dividend of $0.35625 per share of Series D Preferred Stock, $0.359375 per share of Series E Preferred Stock, $0.328125 per share of Series F Preferred Stock, and $0.3046875 per share of Series G Preferred Stock is for the period from but not including July 17, 2024, to and including October 17, 2024. The dividend on each of the Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, and Series G Preferred Stock will be payable on October 17, 2024, to holders of record of those classes of preferred stock, respectively, as of October 1, 2024. Each share of Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, and Series G Preferred Stock has a par value and liquidation preference of $25.00 per share. Information about the dividends declared by the Board on August 7, 2024, is also included in the press release attached to this report as Exhibit 99, and the information related to the dividends is incorporated by reference into this report. All references to www.farmermac.com in Exhibit 99 ar

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99 Press Release dated August 7, 2024. 104 Cover Page Inline Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. FEDERAL AGRICULTURAL MORTGAGE CORPORATION By: /s/ Stephen P. Mullery Name: Stephen P. Mullery Title: Executive Vice President – General Counsel Dated: August 7, 2024

View Full Filing

View this 8-K filing on SEC EDGAR