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Farmer Mac Reports 2020 Results
- Outstanding Business Volume of $21.9 Billion -
- Announces 10% Dividend Increase -
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WASHINGTON, Feb. 25, 2021 /PRNewswire/ The Federal Agricultural Mortgage Corporation (Farmer Mac;NYSE: AGM and AGM.A), the nation s secondary market provider that increases the availability and affordability of credit for the benefit of rural America, today announced its results for the fiscal quarter and year ended December 31, 2020.
Fourth Quarter 2020 Highlights
Net income attributable to common stockholders was $29.4 million, or $2.73 per diluted common share;
Core earnings, a non-GAAP measure, grew 8% from the prior-year period to $26.4 million, or $2.45 per diluted common share; ....

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