Federal Home Loan Bank of Atlanta Declares a 6.36% Dividend for Second Quarter 2019
Staff Report From Metro Atlanta CEO
Thursday, August 1st, 2019
The Board of Directors of the Federal Home Loan Bank of Atlanta approved a second quarter 2019 cash dividend at an annualized rate of 6.36 percent.
“FHLBank Atlanta is dedicated to maintaining a financially stable cooperative, and the Board of Directors is happy to return value to our shareholders through this strong second quarter dividend,” said FHLBank Atlanta Chair of the Board of Directors, Rick Whaley.
The dividend rate is 3.85 percentage points over the daily average three-month LIBOR yield for the second quarter of 2019. The dividend will be calculated based on shareholders’ capital stock held during that period. The dividend will be credited to shareholders’ daily investment accounts at the close of business on July 30, 2019.