Replies to post #5750 on Fannie Mae Preferred S (FNMAS)

[Joe Stocks]

Thanks. I was not aware of that.

[camaro4me]

Did you catch this:

"$25 per share plus the amount that would otherwise be
payable as the dividend for the quarterly dividend period
that ends on the redemption date, accrued through and
including the redemption date, whether or not declared."

[positiveonstocks101]

Thank you for bringing out the difference. This itself is a huge difference between Freddie and Fannie Preferreds. Freddie Preffereds should have premium pricing as holders are entitled to all past undeclard divys.

Update:
Taint, you are correct. The diff should be only for current qtr.

I love the discussion on the board. I read each and every message, but don't generally post.
Holding both Fannie and Freddie preferreds (4-5M RV) and commons.