Federal Agricultural Mortgage Hits Oversold Levels

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Federal Agricultural Mortgage Corp (AGM) has entered oversold territory with a recent trading low of $149.275 per share on Wednesday, as indicated by a Relative Strength Index (RSI) reading of 29.4. This falls below the typical threshold of 30 for being considered oversold. Comparatively, the average RSI for the dividend stock universe is 48.5.

AGM currently offers an annualized dividend of $4.4 per share, translating to a yield of 2.91% based on the recent share price of $151.40. The company’s strong fundamental ranking places it in the top 25% of a broad universe of dividend stocks.

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