Quick Search
Top Banner

Session.supporter not defined

Register
quantumonline home Income Tables Income Lists Stock Lists Special Lists Investment Services Investment Information quantumonline home

Freddie Mac, Variable Rate Perpetual Non-cumul Preferred Stock, 1996
Ticker Symbol: FMCCI     CUSIP: 313400608     Exchange: OTCBB
Security Type:   Traditional Preferred Stock

Security's Distribution is Suspended!

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Freddie Mac (Federal Home Loan Mortgage Corp.), 1996 Variable Rate Noncumulative Perpetual Preferred Stock, liquidation preference $50 per share, redeemable at the issuer's option on or after 6/30/2001 at $50 per share plus declared and unpaid dividends, and with no stated maturity. Variable rate noncumulative distributions are reset quarterly and paid quarterly on 3/31, 6/30, 9/30 & 12/31 to holders of record on approximately the 15th day of the month in which the payment is made (NOTE: the ex-dividend date is one business day prior to the record date). The dividend rate resets quarterly and is equal to the sum of the three-month London Interbank Offered Rate (LIBOR) rate plus one percent divided by 1.377, and is capped at 9.00 percent. Dividends paid by the preferred are eligible for the 15% tax rate on dividends under normal holding restrictions and are also eligible for the dividends received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
OTCBBn
OTCBBps
Variable
n.a.
$50.00
$50.00
6/30/2001
None
Ca D
12/16/2022
Suspended!
3/31, 6/30, 9/30 & 12/31
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
YES

Go to Parent Company's Record (FMCC)

IPO - 4/26/1996 - 5.00 Million Shares @ $50.00 /share.    Link to IPO Prospectus
Previous Ticker Symbol: FRE-B    Changed: 7/07/2010
Market Value $231.0 Million

Click for current FMCCI price quote from the PINK SHEETS
Click for current FMCCI price quote from the NASDAQ

Company's Online Information Links
HOME PAGE:     http://www.freddiemac.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address shareholder@freddiemac.com
General Email Address corprel@freddiemac.com

Address and Phone Numbers
Address:   8200 Jones Branch Drive, MS 486, McLean, VA 22102
Main Phone Number 703-903-2000
Fax Number 703-903-2759
Investor Relations   Laurie Garthune 571-382-4732
Toll Free Phone Number 800-373-3343
CEO - Michael DeVito CFO - Christian M. Lown

Find a problem? Please use our Feedback Page or Email us.
Have you filled out our Guestbook? If not, please do.


investment Links contact quantumonline guestbook
quantumonline supporters about quantumonline using quantumonline


QuantumOnline.com
Copyright © 1997 - 2023 QuantumOnline.com. All rights reserved.
Latest Update: 3/31/2021