Federal Agricultural Mortgage's Preferred Stock, Series F Crosses Above 7% Yield Territory

Federal Agricultural Mortgage Corp's 5.25% Non-Cumulative Preferred Stock, Series F (AGM.PRF) traded as low as $18.70, implying a yield above 7% on the reported quarterly dividend (annualized to $1.3125). The intraday price implies an approximate yield of ~7.0% (1.3125 / 18.70). This is a factual market-price/yield update for a single preferred issue and does not indicate broader firm-level or market developments.

Analysis

Federal Agricultural Mortgage Corp's 5.25% Non-Cumulative Preferred Stock, Series F (AGM.PRF) traded as low as $18.70, implying a yield above 7% on the reported quarterly dividend (annualized to $1.3125). The intraday price implies an approximate yield of ~7.0% (1.3125 / 18.70). This is a factual market-price/yield update for a single preferred issue and does not indicate broader firm-level or market developments.