Federal Agricultural Stock To Go Ex-dividend Tomorrow (AGM)

NEW YORK ( TheStreet) -- The ex-dividend date for Federal Agricultural Mortgage Corporation (NYSE: AGM) is tomorrow, March 11, 2011. Owners of shares as of market close today will be eligible for a dividend of 5 cents per share. At a price of $18.31 as of 10:21 a.m. ET, the dividend yield is 1%.

The average volume for Federal Agricultural has been 105,000 shares per day over the past 30 days. Federal Agricultural has a market cap of $172 million and is part of the financial sector and financial services industry. Shares are up 19.9% year to date as of the close of trading on Wednesday.

Federal Agricultural Mortgage Corporation provides agricultural real estate and rural housing mortgage loans in the secondary market in the United States. The company has a P/E ratio of 13.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.5.

TheStreet Ratings rates Federal Agricultural as sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income and weak operating cash flow. You can view the full Federal Agricultural Ratings Report.

See our dividend calendar or top-yielding stocks list.

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