AgriBank Pays Quarterly Preferred Stock Dividend



ST. PAUL, Minn.– Tuesday St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent 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.


Filed Under :  
Topics : Business_Finance
Social :
Locations : MinnesotaPaul




Archive

Listener Club


Register here to become a member of our Loyal Listener Club!

Listener Club Links


Register / Login
Archive