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AgriBank pays USD 1.7188 per share quarterly preferred stock dividend

Jan 09, 2019 - Global Banking News

AgriBank has announced it has paid a USD 1.7188 per share quarterly cash dividend on its 6.875 percent non-cumulative perpetual class A preferred stock, the company said.

The dividend was paid to holders of record as of December 1, 2018.

AgriBank issued USD 250 million of preferred stock on Oct. 29, 2013 to provide the Bank and the 15-state Farm Credit District it serves with long-term access to high-quality capital, helping ensure the District is well-positioned to meet the long-ter...