AGM-P-E: FEDERAL AGRICULTURAL MORTGAGE CORP 5.75% Series E Preferred Stock
FEDERAL AGRICULTURAL MORTGAGE CORP's AGM-P-E is an exchange-traded preferred stock in the Federal & Federally-Sponsored Credit Agencies sector.
At a recent price of $20.91, AGM-P-E yields 6.87% on its $25 liquidation preference and 5.75% coupon.
It trades at a discount of 16.4% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2025-07-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.