Replies to post #578727 on Fannie Mae-No Politics (FNMA)

[robertus]

Hello,
I wanted to read again and in peace your post you have sent earlier today but I can't find it. Was it deleted?
Thanks for your effort anyway.

[Donotunderstand]

Yes

Recall I own both and hope both do well

Note - a special dividend can not be declared for common stock if the full stated dividend for preferred is not paid.

So yes common could get a 1 dollar special dividend -- but only after JPS are paid the stated quarterly amount in full (which is indeed their cap)