AGM-P-H: FEDERAL AGRICULTURAL MORTGAGE CORP 6.5% Series H Preferred Stock
FEDERAL AGRICULTURAL MORTGAGE CORP's AGM-P-H is an exchange-traded preferred stock in the Federal & Federally-Sponsored Credit Agencies sector.
At a recent price of $23.35, AGM-P-H yields 6.96% on its $25 liquidation preference and 6.5% coupon.
It trades at a discount of 6.6% to par.
The issue is non-cumulative, perpetual (no stated maturity), callable on or after 2030-10-17.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.