Freddie Mac (FRE)


Price/Share*:

$0.75

Annual Dividend:

$1.00

Dividend Yield:

133.33%

Pay Date:

06/30

Ex-Dividend Date:

06/12

Record Date:

06/16


Dividend Payout Frequency: Quarterly

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Company Profile & Recommendation

Company Profile Company Profile

Freddie Mac- (FRE)-engages in mortgage purchasing, credit guarantee, and portfolio investment activities in the United States. It purchases single-family and multi-family residential mortgages, and mortgage-related securities from lenders in the primary mortgage market that originate mortgages for homebuyers, including mortgage banking companies, commercial banks, savings banks, community banks, credit unions, state and local housing finance agencies, and savings and loan associations. The company was founded in 1970 and is headquartered in McLean, Virginia.


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** Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.