Fannie Mae 2005 Annual Report Download - page 60

PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
Our common stock is publicly traded on the New York and Chicago stock exchanges and is identified by the
ticker symbol “FNM.” The transfer agent and registrar for our common stock is Computershare, P.O.
Box 43081, Providence, Rhode Island 02940.
Common Stock Data
The following table shows, for the periods indicated, the high and low sales prices per share of our common
stock in the consolidated transaction reporting system as reported in the Bloomberg Financial Markets service,
as well as the dividends per share declared in each period.
Quarter High Low Dividend
2004
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $80.82 $70.75 $0.52
Second Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 75.47 65.89 0.52
Third Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 77.80 63.05 0.52
Fourth Quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73.81 62.95 0.52
2005
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $71.70 $53.72 $0.26
Second Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61.66 49.75 0.26
Third Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60.21 41.34 0.26
Fourth Quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50.80 41.41 0.26
2006
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $58.60 $48.41 $0.26
Second Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54.53 46.17 0.26
Third Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56.31 46.30 0.26
Fourth Quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62.37 54.40 0.40
2007
First Quarter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $60.44 $51.88 $0.40
Holders
As of April 2, 2007, we had approximately 19,000 registered holders of record of our common stock.
Dividends
The table set forth under “Common Stock Data” above presents the dividends we declared on our common
stock from the first quarter of 2004 through and including the first quarter of 2007.
In January 2005, our Board of Directors reduced our quarterly common stock dividend rate by 50%, from
$0.52 per share to $0.26 per share. We reduced our common stock dividend rate in order to increase our
capital surplus, which was a component of our capital restoration plan. See “Item 7—MD&A—Liquidity and
Capital Management—Capital Management—Capital Adequacy Requirements—Capital Restoration Plan and
OFHEO-Directed Minimum Capital Requirement” for a description of our capital restoration plan. In
December 2006, the Board of Directors increased the common stock dividend to $0.40 per share beginning in
the fourth quarter of 2006. On May 1, 2007, the Board of Directors again increased the common stock
dividend to $0.50 per share. The Board determined that this most recent increased dividend would be effective
beginning in the second quarter of 2007, and therefore declared a special common stock dividend of $0.10 per
share, payable on May 25, 2007, to stockholders of record on May 18, 2007. This special dividend of $0.10,
combined with our previously declared quarterly dividend of $0.40, will result in a total common stock
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