The Federal Agricultural Mortgage Corporation (Farmer Mac) (NYSE: AGM) reported total revenues of $76.1 million for the fourth quarter of 2022 compared to $65.7 million in the same period a year ago.
Net income attributable to common stockholders was $36.6 million, or $3.36 per share, compared to $27 million, or $2.49 per share, last year. Core EPS rose 14% year-over-year to $3.16.
On February 22, 2023, Farmer Mac’s Board of Directors raised the quarterly dividend on common stock by 16% to $1.10 per share.