Business Context and Reporting Period
This Form 8-K is a current report filed by Federal Agricultural Mortgage Corporation (Farmer Mac), a federally chartered instrumentality of the United States. The report date is September 10, 2025, covering the declaration of a quarterly dividend on the company's 6.500% Non-Cumulative Preferred Stock, Series H.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend declaration:
- Dividend Amount: $0.2347222 per share.
- Security: 6.500% Non-Cumulative Preferred Stock, Series H (AGM.PRH).
- Dividend Period: August 25, 2025, to October 17, 2025.
- Record Date: October 1, 2025.
- Payment Date: October 17, 2025.
Material Changes
The filing reports a routine corporate action rather than a material change in financial condition. It notes that dividends for Class A, Class B, and Class C common stock, as well as Preferred Stock Series D, E, F, and G, were previously declared on August 14, 2025. This filing specifically addresses the Series H Preferred Stock.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It strictly reports the Board of Directors' action to declare the dividend and references a press release (Exhibit 99) for additional details.
Investor Verification Checklist
- Verify the record date of October 1, 2025, to confirm eligibility for the $0.2347222 per share dividend.
- Confirm the payment date of October 17, 2025, for Series H Preferred Stock holders.
- Review the August 14, 2025, announcement for dividend details on common stock and other preferred series (D, E, F, G).
- Note that website references in the associated press release are inactive and not incorporated by reference.