Fannie Mae has announced a common stock dividend of $0.52 per share for the fourth quarter, unchanged from that of the third quarter.The dividend will be paid Nov. 25 to registered stockholders as of the close of business on Oct. 31, 2004. Preferred stock dividends are: $0.65625 per share of Series D; $0.63750 per share of Series E; $0.1713 per share of Series F; $0.2938 per share of Series G; $0.7263 per share of Series H; $0.6719 per share of Series I; $0.6406 per share of Series L; $0.5938 per share of Series M; and $0.6875 per share of Series N. For Series J, the dividend rate will be replaced by the applicable swap rate plus 1.38%, in accordance with the terms of the issue, Fannie Mae said. The preferred dividends will be paid Dec. 31 to registered stockholders as of the close of business on Dec. 15, 2004.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry