AGM-P-D: FEDERAL AGRICULTURAL MORTGAGE CORP 5.7% Series D Preferred Stock
FEDERAL AGRICULTURAL MORTGAGE CORP's AGM-P-D is an exchange-traded preferred stock in the Federal & Federally-Sponsored Credit Agencies sector.
At a recent price of $21.30, AGM-P-D yields 6.69% on its $25 liquidation preference and 5.7% coupon.
It trades at a discount of 14.8% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2024-07-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.