Fannie Mae-No Politics (FNMA)

[rekcusdo]

I agree...except for the statement that dividends are "sueable". It has been long standing in the courts that dividends are not an expectation of owning stock, and are, in essence, optional. You can't sue for dividends. You can only sue if a less preferred stock is paid dividends before a senior preferred stock.

And, for the record, there are LOTS of stocks out there that pay very little or no dividends for long periods of time and people still buy them.