June 18, 2025
AgGeorgia Farm Credit is disbursing $9,598,378 to current and former borrowers of the cooperative, with checks expected to be mailed by June 23rd. Members who held loans with AgGeorgia in 2017 will receive a portion of this payout. AgGeorgia’s board also declared a cash dividend of over $14 million in April to members who had loans in 2024. The upcoming distribution brings the total paid to borrowers in 2025 to $23,848,378.
“AgGeorgia’s cooperative membership value these distributions and appreciate that we are focused on minimizing their cost of borrowing,” said Glee Smith, Chair of AgGeorgia’s Board of Directors. “As much as our members value these returns, it is equally fulfilling for our board and employees to see the significance of these dollars to farmers and rural communities.”
The payout consists of surplus revolvement from AgGeorgia’s 2017 Dividend Program. Surplus portions were taxable when declared at that time, so no additional income taxes are due on the disbursement. Members with outstanding surplus earned from 2018-2020 will continue to receive surplus checks over the next few years, subject to annual board approval, while AgGeorgia completes its transition to an all-cash dividend plan. Starting with the 2021 refund, annual dividend distributions are now paid in all-cash rather than a cash/retained surplus split.
2025 marks the 37th consecutive year the cooperative has returned profits to its borrowers, with over $496 million in cash distributed since 1988.
Want to see our year by year dividend history and use our Dividend Calculator to see how our distributions could benefit you? Click Here