Federal Agricultural Mortgage Corporation
AGM-AFinancial Services · Stock · quarterly payer
Forward Yield
4.04%
Annual Dividend
$6.30
Payout Ratio
34%
5-Yr Growth
13.4%
Ex-Date
Sep 15, 2026
Frequency
Quarterly
Summary
As of August 2026, Federal Agricultural Mortgage Corporation (AGM-A) yields 4.04% ($6.30 per share annually), with a blended fair-value estimate of $302.83 — +94% upside, so it screens as undervalued. Dividend safety grade: B (79/100). 14 years of dividend growth.
Is AGM-A a good dividend stock?
YesFederal Agricultural Mortgage Corporation (AGM-A) pays a quarterly dividend yielding 4.04% ($6.30/yr), with 14 years of growth and a dividend-safety grade of B. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 14 consecutive years of dividend growth
- Comfortable payout ratio (34%)
- Strong 13.4% 5-yr dividend growth
- 49% total price return over 5 years
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 4.04%
- Payout Ratio
- 34%
- Annual Dividend
- $6.30
- 5-Yr Avg Growth
- 13.4%
- Ex-Dividend Date
- Sep 15, 2026
- Years of Growth
- 14
- Frequency
- quarterly
- Beta
- 1.00
- Market Cap
- $1.7B
- P/E Ratio
- 8.5
- 5-Yr Total Return
- 49%
- 52-Week Range
- —
- Dividend Safety
- B · 79/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
AGM-A Price — Last 12 Months
Daily close
Price Return
1 Year
+26%
3 Years
+22%
5 Years
+49%
52-Week Range
—
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AGM-A worth?
Undervaluedlow confidenceOur blended fair-value estimate for Federal Agricultural Mortgage Corporation is $302.83 per share, versus a market price of $156.00. That implies 94% of upside — a margin of safety of about 48%.
Fair Value
$302.83
Current Price
$156.00
Upside
+94%
Margin of Safety
48%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
Assumptions: 9.3% discount rate (CAPM), 10.8% stage-1 growth, 2.5% terminal growth, $18.28 EPS, $6.30 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AGM-A Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 15, 2026 | — | $1.6000 | regular |
| Mar 16, 2026 | — | $1.6000 | regular |
| Dec 15, 2025 | — | $1.5000 | regular |
| Sep 15, 2025 | — | $1.5000 | regular |
| Jun 16, 2025 | — | $1.5000 | regular |
| Mar 14, 2025 | — | $1.5000 | regular |
| Dec 16, 2024 | — | $1.4000 | regular |
| Sep 16, 2024 | — | $1.4000 | regular |
| Jun 14, 2024 | — | $1.4000 | regular |
| Mar 14, 2024 | — | $1.4000 | regular |
| Dec 14, 2023 | — | $1.1000 | regular |
| Sep 14, 2023 | — | $1.1000 | regular |
| Jun 15, 2023 | — | $1.1000 | regular |
| Mar 15, 2023 | — | $1.1000 | regular |
Income Calculator
At $6.30 / yr per share
