AgriBank Pays Quarterly Preferred Stock Dividend

AgriBank Pays Quarterly Preferred Stock Dividend

July 02, 2014 | Commerce

Today St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188/share on its 6.875% non-cumulative perpetual class A preferred stock to holders of record as of June 1, 2014.

AgriBank issued $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-term growth and credit needs of farmer and rancher customers.

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