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Fannie Mae Announces Dividend Rate for Preferred Stock Series P
30.06.08 - 20:58 ... source : Fannie Mae
... WASHINGTON, DC -- Fannie Mae (FNM/NYSE) today announced a scheduled dividend rate for its Variable Rate Non-Cumulative Preferred Stock Series P ("Series P") of 4.50 percent per annum. The dividend rate of 4.50 percent per annum for Series P will be in effect from and including June 30, 2008, to but excluding September 30, 2008. In accordance with the terms of the Series P Certificate of Designation, the dividend will continue to accrue at a per annum rate equal to the greater of (i) 4.50 percent and (ii) the sum of 3-Month LIBOR plus 0.75 percent. Forty million (40,000,000) sh ...» Next (HTML)
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