Third Quarter 2022 Dividend & Earnings Release
last updated on Thursday, October 27, 2022 in Finance News
The Board of Directors approved a third quarter 2022 dividend at an annualized rate of 7.25 percent on activity-based stock, an increase of 0.50 percent from the prior quarter, and 3.00 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $66 million are expected to be paid on November 14, 2022.
On October 27, 2022, FHLB Des Moines released preliminary unaudited financial highlights for the third quarter ended September 30, 2022.The financial results reported in this earnings release for the third quarter of 2022 are preliminary until the Bank announces unaudited financial results in its Third Quarter 2022 Form 10-Q filed with the Securities and Exchange Commission, expected to be available at www.fhlbdm.com and www.sec.gov on or before November 14, 2022.
Please refer to the Bank's earnings release for more information.
- Earnings Release