Federal Agricultural Mortgage Corp's 6.000% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C Yield Pushes Past 5.5%
March 31, 2021 at 14:19 PM EDT
In trading on Wednesday, shares of Federal Agricultural Mortgage Corp's 6.000% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C (AGM. RC) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.50), with shares changing hands as low as $27.10 on the day.