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In trading on Monday, shares of Federal Agricultural Mortgage Corp's 5.25% Non-Cumul Preferred Stock, Series F (Symbol: AGM.PRF) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.3125), with shares changing hands as low as $20.10 on the day. This compares to an average yield of 6.51% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, AGM.PRF was trading at a 19.16% discount to its liquidation preference amount, versus the average discount of 8.26% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend.

The chart below shows the one year performance of AGM.PRF shares, versus AGM:

Below is a dividend history chart for AGM.PRF, showing historical dividend payments on Federal Agricultural Mortgage Corp's 5.25% Non-Cumul Preferred Stock, Series F:

Free Report: Top 8%+ Dividends (paid monthly)

In Monday trading, Federal Agricultural Mortgage Corp's 5.25% Non-Cumul Preferred Stock, Series F (Symbol: AGM.PRF) is currently up about 0.2% on the day, while the common shares (Symbol: AGM) are up about 0.4%.

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