Fannie Mae Preferred S (FNMAS)

[Joe Stocks]

jemiller, I have always proposed total face value vs dividend rates. Yesterday I sold all of my FNMAS at 1.81 and was able to pick up FMCKI at 1.50 for an equal dollar amount giving me more shares.

For example; 1000 shares of FNMAS @ 1.81 = 1810.00

$1810/ $1.50 = 1206 shares of FMCKI

FNMAS R/V = $25,000
FMCKI R/V = $30,150

Just an idea.