News

AgriBank announces dividend

Saint Paul-based AgriBank has announced 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 March 1, 2014.

AgriBank issued 2.5 million shares of preferred stock last October to provide the Bank with long-term capital.

With total assets exceeding $85 billion, AgriBank is owned by 17 Farm Credit Associations serving 15 states from Ohio to Wyoming and Minnesota to Arkansas.