Business Context and Reporting Period
Company: Federal Agricultural Mortgage Corporation (Farmer Mac)
Filing Type: Form 8-K (Current Report)
Date of Report: August 14, 2025
Event: Declaration of quarterly dividends on common and preferred stock classes.
Key Financial Metrics
This filing reports dividend declarations rather than operational financial performance. No revenue, profit, cash flow, margin, debt, or liquidity metrics are provided in this document.
| Stock Class | Dividend Per Share | Payable Date | Record Date |
|---|---|---|---|
| Class A, B, and C Common Stock | $1.50 | September 30, 2025 | September 15, 2025 |
| Series D Preferred (5.700%) | $0.35625 | October 17, 2025 | October 1, 2025 |
| Series E Preferred (5.750%) | $0.359375 | October 17, 2025 | October 1, 2025 |
| Series F Preferred (5.250%) | $0.328125 | October 17, 2025 | October 1, 2025 |
| Series G Preferred (4.875%) | $0.3046875 | October 17, 2025 | October 1, 2025 |
Note: Preferred stock dividends cover the period from July 17, 2025, to October 17, 2025. Par value and liquidation preference for preferred shares are $25.00.
Material Changes
The filing does not provide comparative financial data or discuss material changes in operations, assets, or liabilities versus prior periods. The primary change reported is the Board's declaration of the specific dividend amounts listed above.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors declared the dividends on August 14, 2025. Further details are referenced in an attached press release (Exhibit 99).
Outlook/Guidance: No forward-looking guidance or outlook is provided in this filing.
Risks/Contingencies: No specific risks or contingencies are disclosed in this document.
Investor Verification Checklist
- Verify the record dates (September 15, 2025, for common; October 1, 2025, for preferred) to ensure eligibility for the declared dividends.
- Confirm the payment dates (September 30, 2025, for common; October 17, 2025, for preferred) for cash flow planning.
- Review the attached Press Release (Exhibit 99) for any additional context regarding the dividend declaration not included in the 8-K text.
- Check subsequent filings for the company's quarterly earnings report to assess the financial health supporting these dividend payments.