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FANNIE MAE INCREASES DIVIDEND

 WASHINGTON, April 20 /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 46 cents per share for the previous quarter, from 40 cents per share.
 The dividend will be payable on May 25, 1993, to shareholders of record as of the close of business April 30, 1993.
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 4/20/93
 /CONTACT: Tom Marder of Fannie Mae, 202-752-7608/
 (FNM)


CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU: DIV

MH -- DC014 -- 7933 04/20/93 10:32 EDT
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Publication:PR Newswire
Date:Apr 20, 1993
Words:119
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