Federal Agricultural Mortgage Corp (AGM) has announced a 7% increase in its quarterly dividend to $1.60 per share. The company, which operates in agricultural real estate and rural housing mortgage loans, shows strong profitability and cash generation despite high leverage. Valuation metrics suggest the stock may be undervalued, attracting significant institutional ownership.
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Federal Agricultural Mortgage (AGM) Boosts Quarterly Dividend by 7%
Federal Agricultural Mortgage Corp (AGM) has announced a 7% increase in its quarterly dividend to $1.60 per share. The company, which operates in agricultural real estate and rural housing mortgage loans, shows strong profitability and cash generation despite high leverage. Valuation metrics suggest the stock may be undervalued, attracting significant institutional ownership.