Farm Credit Services Of America Sends Record Dividend Payment

Farm Credit Services Of America Sends Record Dividend Payment

Farm Credit Services of America have sent cash back dividend payments to their customers for 2013.  Farm Credit’s Chief Financial Officer Craig Kinnison says this year’s payout is a record $ 145 million dollars. He says that was determined by how they did in 2013 and what they expect to do in the year ahead.

Kinnison says their projections are very positive and helped lead their board to offer another cash back dividend program in 2014 which would be the 11th year they’ve had this type of return for their member owners.

He says the 2013 payments will be distributed in the first quarter of 2014 and the 2014 dividend amount will be determined in December of next year. Farm Credit Services of America based in Omaha serves ag customers in Nebraska, Iowa, South Dakota and Wyoming.

Recent Headlines

in National

Police arrest gunman after fatal siege at Colorado abortion clinic


Police arrested a gunman who stormed a Planned Parenthood abortion clinic in Colorado Springs.

in Black Friday, Lifestyle, National

Black Friday crowds thin in subdued start to holiday shopping


America's annual Black Friday shopping extravaganza was short on fireworks this year.

in National

Making headlines this week

Santa Claus participates in the Macy's Thanksgiving Day Parade on Thursday, Nov. 26, 2015, in New York. (Photo by Scott Roth/Invision/AP)

A look at some of this week's biggest newsmakers and the headlines you may have missed.

in Local

Falling Revenues an Issue for the 2016 Iowa Legislature

Iowa Legislature

Revenues for the State of Iowa have fallen below estimates for the last several months, and could lead to a budget crunch for the 2016 legislature.

in Local

SD MRC Rail Line On Schedule


Reconstruction continues on the Mitchell – Rapid City rail line west of Chamberlain.