Third Quarter 2021 Dividend & Earnings Release

last updated on Wednesday, October 27, 2021 in Finance News

The Bank’s Board of Directors approved a third quarter 2021 dividend at an annualized rate of 6.00 percent on activity-based stock and 3.00 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $43 million are expected to be paid on November 12, 2021.

On October 28, 2021, FHLB Des Moines released preliminary unaudited financial highlights for the third quarter ended September 30, 2021.  All numbers reported in this earnings release for the third quarter of 2021 are preliminary until the Bank announces audited financial results in its Third Quarter 2021 Form 10-Q with the SEC, expected to be available at www.fhlbdm.com and www.sec.gov on or before November 15, 2021.

Please refer to the Bank's earnings release for more information.