AGM Files 8-K with Stock Class Details

TL;DR

AGM filed an 8-K on Nov 6 detailing stock classes, no major news yet.

AI Summary

Federal Agricultural Mortgage Corporation (AGM) filed an 8-K on November 6, 2024, reporting other events and financial statements. The filing details various classes of stock, including Common Class A, Common Class C, and Series D, E, F, and G Preferred Stock, all with reporting dates of November 6, 2024. No specific financial figures or new material events were detailed in the provided excerpt.

Why It Matters

This filing provides an update on the company's capital structure by listing various stock classes, which is important for investors to understand the equity landscape.

Risk Assessment

Risk Level: low — The filing is routine and primarily informational, with no immediate negative or positive financial implications presented.

Key Players & Entities

• FEDERAL AGRICULTURAL MORTGAGE CORP (company) — Registrant
• AGM (company) — Abbreviation for Registrant
• November 6, 2024 (date) — Filing Date
• Common Class A (stock_class) — Equity Detail
• Common Class C (stock_class) — Equity Detail
• Series D Preferred Stock (stock_class) — Equity Detail
• Series E Preferred Stock (stock_class) — Equity Detail
• Series F Preferred Stock (stock_class) — Equity Detail
• Series G Preferred Stock (stock_class) — Equity Detail

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-20241106.htm (8-K) — 37KB
• a20241106farmermacdeclares.htm (EX-99) — 5KB
• image_0.jpg (GRAPHIC) — 418KB
• 0000845877-24-000245.txt ( ) — 782KB
• agm-20241106.xsd (EX-101.SCH) — 2KB
• agm-20241106_def.xml (EX-101.DEF) — 18KB
• agm-20241106_lab.xml (EX-101.LAB) — 32KB
• agm-20241106_pre.xml (EX-101.PRE) — 19KB
• agm-20241106_htm.xml (XML) — 7KB

01 Other Events

Item 8.01 Other Events. On November 6, 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 December 31, 2024, to holders of record of Farmer Mac's common stock as of December 16, 2024. Also on November 6, 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 October 17, 2024, to and including January 17, 2025. 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 January 17, 2025, to holders of record of those classes of preferred stock, respectively, as of January 2, 2025. 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 November 6, 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 Exhibi

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99 Press Release dated November 6, 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: November 6, 2024

View Full Filing

View this 8-K filing on SEC EDGAR