Farmer Mac: Ultra Safe Dividend Growth With Double Digit Upside Potential
Federal Agricultural Mortgage (AGM) Seeking Alpha·2024-04-18 16:45
William Reagan Overview Federal Agricultural Mortgage Corporation (NYSE:AGM) had the honor of being the first company I covered here on Seeking Alpha, back in July of 2023. Since my initial coverage titled: 'Farmer Mac: Solid Fundamentals Supported By Well-Covered Dividend', AGM has returned over 17%, which surpasses the total return of the S&P 500 (SPY) of only 11.5%. Since my initial coverage, we've seen large dividend raise, improved financials, and stellar price movement. However, I wanted to revisit th ...