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Federal Agricultural Mortgage Corp. – ‘8-K’ for 11/9/22

On: Wednesday, 11/9/22, at 4:27pm ET · For: 11/9/22 · Accession #: 845877-22-213 · File #: 1-14951

  As Of               Filer                 Filing    For·On·As Docs:Size

11/09/22  Federal Agricultural Mtge Corp.   8-K:8,9    11/09/22   12:513K

Current Report — Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     55K 
 2: EX-99       Miscellaneous Exhibit                               HTML      9K 
 7: R1          Cover Page                                          HTML     63K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- agm-20221109_htm                    XML     44K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      9K 
 4: EX-101.DEF  XBRL Definitions -- agm-20221109_def                 XML     47K 
 5: EX-101.LAB  XBRL Labels -- agm-20221109_lab                      XML     99K 
 6: EX-101.PRE  XBRL Presentations -- agm-20221109_pre               XML     48K 
 3: EX-101.SCH  XBRL Schema -- agm-20221109                          XSD     11K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               15±    22K 
12: ZIP         XBRL Zipped Folder -- 0000845877-22-000213-xbrl      Zip     25K

‘8-K’ — Current Report

This is an HTML Document rendered as filed. [ Alternative Formats ]

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

________________

FORM i 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): i November 9, 2022

i FEDERAL AGRICULTURAL MORTGAGE CORPORATION

(Exact name of registrant as specified in its charter)

Federally chartered instrumentality

of the United States

i 001-14951

i 52-1578738

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer Identification No.)

i 1999 K Street, N.W., 4th Floor,

i 20006

i Washington,

i DC

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code ( i 202) i 872-7700

No change

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

i ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

i ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

i ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

i ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol

Exchange on which registered

i Class A voting common stock

i AGM.A

i New York Stock Exchange

i Class C non-voting common stock

i AGM

i New York Stock Exchange

i 6.000% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C

i AGM.PRC

i New York Stock Exchange

i 5.700% Non-Cumulative Preferred Stock, Series D

i AGM.PRD

i New York Stock Exchange

i 5.750% Non-Cumulative Preferred Stock, Series E

i AGM.PRE

i New York Stock Exchange

i 5.250% Non-Cumulative Preferred Stock, Series F

i AGM.PRF

i New York Stock Exchange

i 4.875% Non-Cumulative Preferred Stock, Series G

i AGM.PRG

i New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company i ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On November 9, 2022, the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) declared a quarterly dividend on each of Farmer Mac’s three classes of common stock – Class A Voting Common Stock, Class B Voting Common Stock, and Class C Non-Voting Common Stock. The quarterly dividend of $0.95 per share of common stock will be payable on December 30, 2022 to holders of record of Farmer Mac’s common stock as of December 15, 2022.

Also on November 9, 2022, the Board declared a dividend on each of Farmer Mac’s five classes of preferred stock – 6.000% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series C (“Series C Preferred Stock”), 5.700% Non-Cumulative Preferred Stock, Series D (“Series D Preferred Stock”), 5.750% Non-Cumulative Preferred Stock, Series E (“Series E Preferred Stock”), 5.250% Non-Cumulative Preferred Stock, Series F (“Series F Preferred Stock”), and 4.875% Non-Cumulative Preferred Stock, Series G (“Series G Preferred Stock”). The quarterly dividend of $0.375 per share of Series C Preferred Stock, $0.35625 per share of Series D Preferred Stock, $0.359375 per share of Series E Preferred Stock, $0.328125 per share of Series F Preferred Stock, and $0.3046875 per share of Series G Preferred Stock is for the period from but not including October 17, 2022, to and including January 17, 2023. The dividend on each of the Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, and Series G Preferred Stock will be payable on January 17, 2023, to holders of record of those classes of preferred stock, respectively, as of January 3, 2023. Each share of Series C Preferred Stock, Series D Preferred Stock, Series E Preferred Stock, Series F Preferred Stock, and Series G Preferred Stock has a par value and liquidation preference of $25.00 per share.

Information about the dividends declared by the Board on November 9, 2022 is also included in the press release attached to this report as Exhibit 99 and is incorporated by reference into this report. All references to www.farmermac.com in Exhibit 99 are inactive textual references only, and the information contained on Farmer Mac’s website is not incorporated by reference into this report.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits


99			Press Release dated November 9, 2022
104			Cover Page Inline Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

FEDERAL AGRICULTURAL MORTGAGE CORPORATION

By: /s/ Stephen P. Mullery

Name: Stephen P. Mullery

Title: Executive Vice President – General Counsel

Dated: November 9, 2022

Dates Referenced Herein and Documents Incorporated by Reference

This ‘8-K’ Filing	Date	Other Filings

	1/17/23	None on these Dates
	1/3/23
	12/30/22
	12/15/22
Filed on / For Period end:	11/9/22
	10/17/22
		List all Filings

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Filing Submission 0000845877-22-000213 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Federal Agricultural Mortgage Corp. – ‘8-K’ for 11/9/22

On: Wednesday, 11/9/22, at 4:27pm ET · For: 11/9/22 · Accession #: 845877-22-213 · File #: 1-14951

Previous ‘8-K’: ‘8-K’ on / for 11/7/22 · Next: ‘8-K’ on / for 2/8/23 · Latest: ‘8-K’ on / for 4/2/24

Current Report — Form 8-KFiling Table of Contents

‘8-K’ — Current Report

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Dates Referenced Herein and Documents Incorporated by Reference

Current Report — Form 8-K

Filing Table of Contents