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Created: 01/28/2012 06:51:13 AM - Followers: 13 - Board type: Free - Posts Today: 0
Freddie Mac 8.375% Fixed-to-floating Convertible Non-Cumulative Perpetual Preferred Stock, Series "Z" ("FMC-Z")

Yield at inception: 8.375% through Dec 31, 2012. Yield thereafter 4.16% + 3-month LIBOR (with a 7.875% floor).


Freddie Mac, 8.375% Fixed-to-Floating Rate Non-Cumul Perpetual Preferred Stock
Ticker Symbol: FMCKJ     CUSIP: 313400624     Exchange: OTCBB
Security Type:   Traditional Preferred Stock
 
Security's Distribution is Suspended!
 
QUANTUMONLINE.COM SECURITY DESCRIPTION:  Freddie Mac Federal Home Loan, 8.375% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on 12/31/2012 and every fifth anniversary thereafter at $25 plus declared and unpaid dividends, and with no stated maturity. Non-cumulative distributions of 8.375% ($2.09375) per annum are paid quarterly through 12/31/2012 on 3/31, 6/30, 9/30 & 12/31 to holders of record on the record date fixed by the board, not more than 45 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). After 12/31/2012 the dividend rate will be the higher of the 3-month LIBOR plus 4.16% or 7.875%. 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 (see page 30 of the prospectus for further information). 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. See the IPO prospectus for further information on the preferred stock by clicking on the 'Link to IPO Prospectus' provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
OTCBB
Chart
8.38% 
$2.09375
$25.00 
$25.00
12/31/2012 
None
Ca / C 
8/27/11
Suspended!
3/31, 6/30, 9/30 & 12/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
Yes
IPO - 11/29/2007 - 240.00 Million Shares @ $25.00/share.     Link to IPO Prospectus
Previous Ticker Symbol: FRE-Z    Changed: 7/07/10
 
Market Value $ 6 Billion

Company's Online Information Links
HOME PAGE:      http://www.freddiemac.com/
 
Company's Investor Relations Information Goto Investor Relations Information
Company's Online News Releases Goto News Releases
Online Company Profile Goto Online Profile

 

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Goto SEC Filings

 

Address and Phone Numbers
Address:   8200 Jones Branch Drive, MS 486, McLean, VA 22102
Main Phone Number 703-903-2000
Fax Number 703-903-2759
Investor Relations 703-903-3883
Toll Free Phone Number 800-373-3343
CEO - Richard F. Syron CFO - Anthony "Buddy" Piszel
 


Other Freddie Mac preferred securities listed here: http://www.freddiemac.com/investors/preferred_stock.html

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#129 YAWN! Just brought a ton more this morning. Ace Trader 07/13/2021 11:09:26 AM
#128 Free falling. willlbone 06/24/2021 01:17:50 PM
#127 Yes it is - junk status confirmed on stockprofitter 01/21/2021 09:53:55 AM
#126 Glorious Death Coming To Junior Preferred Stock! Going CatBirdSeat 07/09/2019 10:07:40 PM
#125 Re: chessmaster315 Post# 513842 How many more junior preferred CatBirdSeat 03/26/2019 08:17:52 AM
#124 Excellent call. Let's get down to business now Joseph_Otting 01/09/2019 01:35:53 PM
#123 Only a few more days remaining. Hope everyone Joseph_Otting 01/03/2019 05:25:04 PM
#122 Good call! Commons failing miserably while Preferreds are Commons_Cancelled 12/24/2018 11:49:28 AM
#121 Mel's last day. Otting takes over on 6th Commons_Cancelled 12/21/2018 11:47:44 AM
#120 What is happening January 5th? stockprofitter 12/21/2018 09:25:25 AM
#119 AJP is now part of the plan. We stockprofitter 12/21/2018 09:24:33 AM
#118 Yes. stockprofitter 12/21/2018 09:22:55 AM
#117 Mods, This is obviously a fake profile. Could it IL Padrino 12/14/2018 02:05:36 AM
#116 I would recommend buying GSE Preferred Shares before Joseph_Otting 12/13/2018 04:12:04 PM
#115 482699 stockprofitter 11/26/2018 05:14:43 PM
#114 Cough Up Those Letters FMCKJ Holders! Show Us CatBirdSeat 11/24/2018 12:44:43 PM
#113 Caugh Up Those Letters FMCKJ Holders! Show Us CatBirdSeat 11/24/2018 12:44:33 PM
#112 HUGE SELLOFF BY MAJOR SHAREHOLDER stockprofitter 11/01/2018 05:42:32 PM
#111 JPS CAN NEVER BE CONVERTED TO COMMON. CatBirdSeat 08/22/2018 08:45:44 AM
#110 I remember when i was with eturd and E star 06/15/2018 07:27:40 PM
#109 All P lawsuits have been lost. I'd be stockprofitter 05/09/2018 09:54:32 PM
#108 So even the leader of the lawsuits doesn’t fitzwell11 05/09/2018 07:20:09 PM
#107 https://www.gurufocus.com/news/675474/bruce-berkowitzs-fairholme-fund-buys-vistr stockprofitter 05/03/2018 08:02:43 AM
#105 Last one out turn off the lights. stockprofitter 04/12/2018 10:18:28 AM
#104 BEEKOWITZ bet on the wrong series just like stockprofitter 04/12/2018 10:17:47 AM
#103 JUNK IS RIGHT! stockprofitter 04/12/2018 10:16:45 AM
#102 GSE Junior Preferred Is Now Officially Worthless Junk! RIP CatBirdSeat 03/26/2018 10:54:09 AM
#101 Possible the Preferreds are cancelled by Fannie Mae? stockprofitter 11/16/2017 02:59:01 AM
#100 A Perfect Plan From An Average Joe , CatBirdSeat 10/20/2017 06:33:37 AM
#99 FMCKJ bullish 5.32 stocktrademan 04/09/2017 04:39:38 PM
#98 vxCC. kevins131 07/19/2016 05:27:25 PM
#97 Bullish Ascending Triangle forming here. Directional shift to kuwlness 10/13/2015 02:15:29 PM
#96 There's a new mortgage crisis brewing betahighlander 02/23/2015 01:31:10 PM
#95 http://malonigse.blogspot.com/ Monday, February 23, 2015 betahighlander 02/23/2015 11:09:47 AM
#94 From fnma pst betahighlander 02/23/2015 09:32:00 AM
#93 We should be getting an update from Maloni betahighlander 02/23/2015 09:17:46 AM
#92 GREEEN :-D stockprofitter 02/12/2015 02:03:43 PM
#91 nice day today fmckj almost had parity with fnmas betahighlander 02/06/2015 05:21:27 PM
#90 GREEEN stockprofitter 02/06/2015 01:35:15 PM
#89 http://ih.advfn.com/exchanges/OTCBB/FMCKJ/trades?trade_set=recent stockprofitter 02/06/2015 01:34:52 PM
#88 $FMCKJ HUUUGE BUYS HITTING ASK > > stockprofitter 02/06/2015 01:33:58 PM
#87 Fitch Affirms Freddie Mac $FMCC stockprofitter 02/06/2015 01:03:35 PM
#86 Freddie Mac Blog link betahighlander 02/04/2015 05:09:02 PM
#85 Treasury Announces $5k Bonus to HAMP Borrowers in betahighlander 02/04/2015 05:08:20 PM
#84 FHFA Director Says He Is Powerless to Alter betahighlander 02/04/2015 05:07:07 PM
#83 thanks- It is good to go back and betahighlander 02/04/2015 05:03:44 PM
#82 NY Federal Judge Slams Wells Fargo for Forged stockprofitter 02/02/2015 12:49:07 PM
#81 "Publicity is justly commended as a remedy for 44centsAKAchoccake 01/30/2015 11:58:03 PM
#80 Maloni 44centsAKAchoccake 01/30/2015 02:52:52 PM
#79 More from Shelby 44centsAKAchoccake 01/30/2015 02:49:58 PM
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