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AgriBank pays dividend
St Paul-based AgriBank is paying a first quarterly cash dividend of $1.07 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of December 20, 2013.
AgriBank had issued 2.5 million shares of the stock on October 29th to provide long-term access to capital for the Bank and the Farm Credit District it serves.
AgriBank is owned by 17 Farm Credit Associations in a 15-state area from Wyoming to Ohio and Minnesota to Arkansas.
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