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FANNIE MAE INCREASES DIVIDEND

 FANNIE MAE INCREASES DIVIDEND
 WASHINGTON, April 21 /PRNewswire/ -- The board of directors of


the Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) today voted to increase its quarterly dividend on its common stock to 34 cents ($.34) per share for the previous quarter, from 30 cents ($.30) per share.
 The dividend will be payable on May 25, 1992, to shareholders of record as of the close of business April 30, 1992.
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 4/21/92
 /CONTACT: Tom Marder of Fannie Mae, 202-752-7111/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU: DIV


MH-TW -- DC011 -- 0522 04/21/92 10:33 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Apr 21, 1992
Words:125
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