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Fannie Mae Series E Preferred 5.10% (FNMFM) RSS Feed

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Fannie Mae, 5.10% Non-Cumulative Preferred Stock, Series E
Ticker Symbol: FNMFM CUSIP: 313586604 Exchange: OTCBB
Security Type: Traditional Preferred Stock

O/S = 3,000,000

Security's Distribution is Suspended!

Fannie Mae (Federal National Mortgage Assoc.), 5.10% Non-Cumulative Preferred Stock, Series E, liquidation preference $50 per share, redeemable at the issuer's option on or after 4/15/2004 at $50 per share plus declared and unpaid dividends, with no stated maturity, and with noncumulative distributions of 5.10% ($2.55) per annum paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on the date fixed by the board, not more than 45 days or less than 10 days prior to the payment date (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Dividends paid by the preferred are eligible for the 15% tax rate on dividends under normal holding restrictions and are also eligible for the dividends received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company.

http://www.fanniemae.com/global/pdf/ir/resources/preferred/seriese.pdf
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