Review Mortgage Lenders

Federal Agricultural Mortgage

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, Ind. Legence Bank also operates the wholly owned subsidiary American Farm Mortgage Company, Inc. (AFMC). Located in Louisville, KY, AFMC ...

Dividend Hunters Should Consider Federal Agricultural Mortgage Corporation (NYSE:AGM), With A 3.8% Yield

If there’s one type of stock you want to be reliable, it’s dividend stocks and their stable income-generating ability. In the case of AGM it has increased its DPS from $0.20 to $2.8 in the past 10 years. During this period it has not missed a payment, as one would expect for a company increasing its dividend. These are all positive signs of a great, reliable dividend stock.

The company currently pays out 26% of its earnings as a dividend, according to its trailing twelve-month data, which means that the dividend is covered by earnings. Going forward, analysts expect AGM’s payout to increase to 33% of its earnings. Assuming a constant share price, this equates to a dividend yield of around 4.0%. However, EPS is forecasted to fall to $8.5 in the upcoming year. Therefore, although payout is expected to increase, the fall in earnings may not equate to higher dividend income.

When assessing the forecast sustainability of a dividend it is also worth considering the cash flow of the business . A business with strong cash flow can sustain a higher divided payout ratio than a company with weak cash flow.

Zacks: Federal Agricultural Mortgage Corp. (AGM) Receives Consensus Recommendation of “Strong Buy” from Analysts

In other news, insider Bradford T. Nordholm bought 5,000 shares of the business’s stock in a transaction dated Friday, March 22nd. The stock was bought at an average price of $69.67 per share, for a total transaction of $348,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Chester J. Culver sold 1,000 shares of Federal Agricultural Mortgage stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of $75.00, for a total transaction of $75,000.00. The disclosure for this sale can be found here . 2.46% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Quantamental Technologies LLC acquired a new position in Federal Agricultural Mortgage in the 4th quarter worth $48,000. Advisor Group Inc. grew its stake in Federal Agricultural Mortgage by 26.1% in the 4th quarter. Advisor Group Inc. now owns 908 shares of the credit services provider’s stock valued at $55,000 after buying an additional 188 shares during the last quarter. Legal & General Group Plc grew its position in shares of Federal Agricultural Mortgage by 12.1% during the 4th quarter. Legal & General Group Plc now owns 1,593 shares of the credit services provider’s stock worth $96,000 after purchasing an additional 172 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of Federal Agricultural Mortgage during the 1st quarter worth approximately $137,000. Finally, BNP Paribas Arbitrage SA grew its position in shares of Federal Agricultural Mortgage by 109.4% during the 1st quarter. BNP Paribas Arbitrage SA now owns 2,065 shares of the credit services provider’s stock worth $150,000 after purchasing an additional 1,079 shares in the last quarter. 63.89% of the stock is owned by hedge funds and other institutional investors.

What do you think about my spending cuts?

1. Most overseas military bases
2. Department of Education
3. Department of Energy
4. Department of Labor
5. End the Fed
6. Fannie Mae, Freddie Mac, and end all corporate bailouts
7.


The biggest problem I have here is number 12.

Do you know WHY we subsidize farmers in the U.S.?
Truth is, we know we can get a lot of food cheaper from other nations, and we do.

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