June 17, 2026
AgGeorgia Farm Credit will distribute $9,492,956 to current and former borrowers as part of its dividend program, with checks being mailed in late June. This distribution retires 100% of the qualified allocated surplus issued to members as part of the cooperative’s 2018 dividend.
In addition to this surplus payment, AgGeorgia returned a $10.5 million cash dividend to members in April based on 2025 earnings. Together, these payments bring total distributions to member-owners in 2026 to nearly $20 million and push total returns to more than $516 million since 1988.
“As a cooperative, our purpose is to create value for our members—not outside shareholders,” said Rob Crain, Chief Executive Officer of AgGeorgia Farm Credit. “Our dividend program is one of the most meaningful ways we deliver on that promise, putting our earnings back into our members’ hands and lowering their overall cost of borrowing.”
Because the qualified allocated surplus was taxed at the time it was originally issued in 2018, members receiving this year’s payment will not owe additional income taxes on the distribution.
AgGeorgia’s dividend program is designed to return a portion of the cooperative’s profits to its borrowers each year, effectively reducing the net interest rate members pay on their loans. In 2021, AgGeorgia enhanced the value of its program by transitioning to an all-cash dividend model, allowing members to receive the full value of annual earnings the next year. Surplus revolvement payments, like this year’s distribution, will continue for prior years’ allocations from 2019 and 2020, subject to annual board approval.