Freddie Mac Declares Quarterly Dividends

20 octobre 2021 Pierre Perrin-Monlouis

McLean, VA – The board of directors of Freddie Mac (NYSE: FRE) yesterday declared a quarterly dividend on the corporation’s voting common stock of $0.25 per share. The fourth quarter dividend reflects a 50 percent reduction from the previous quarter as part of the company’s previously stated strategy of managing to its 30 percent mandatory target capital surplus and responding to regulatory concerns, while maintaining the flexibility to effectively manage its business.

The board also declared the following quarterly dividends on the corporation’s preferred stock:

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The fourth quarter dividends will be payable on December 31, 2007, to stockholders of record as of December 17, 2007. For additional information about Freddie Mac, please see the company’s Web site at www.FreddieMac.com/investors.

Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to support homeownership and rental housing. Freddie Mac purchases single-family and multifamily residential mortgages and mortgage-related securities, which it finances primarily by issuing mortgage-related securities and debt instruments in the capital markets. Over the years, Freddie Mac has made home possible more than 50 million times, ensuring financing for one in six homebuyers and more than four million renters.

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