Fannie Mae-No Politics (FNMA)

[Ace Trader]

WAIT WHAT ????
https://www.sec.gov/Archives/edgar/data/310522/000031052220000121/descriptionofsecuritie.htm

It says even when if they’re not in conservatorship they won’t pay dividends ?

dividends may not be paid on the common stock without the prior written consent of Treasury, regardless of whether we are in conservatorship, see “Business—Conservatorship, Treasury Agreements and Housing Finance Reform—Treasury Agreements” in Fannie Mae’s Annual Report on Form 10-K.