Federal Agricultural Mortgage (NYSE:AGM)
- Dividend Yield
- 3%
- Track Record
- 13 Years of Consecutive Dividend Growth
- Payout Ratio
- 34.1%
- Consensus Rating
- Hold
- Consensus Price Target
- $215.00 (16.7% Upside)
About Federal Agricultural Mortgage
Federal Agricultural Mortgage Corporation provides a secondary market for various loans made to borrowers in the United States. It operates through four segments: Corporate AgFinance, Farm & Ranch, Rural Utilities, and Renewable Energy. The company's Agricultural Finance line of business engages in purchasing and retaining eligible loans and securities; guaranteeing the payment of principal and interest on securities that represent interests in or obligations secured by pools of eligible loans; servicing eligible loans; and issuing LTSPCs for eligible loans.
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