May 8 (Reuters) – Mortgage finance company Freddie Mac said on
Wednesday it earned a net $4.6 billion in the first quarter while paying a $5.8
billion dividend to the U.S. Treasury under the terms of its government bailout.
It said it would make another dividend payment of $7 billion in June.
It was the fourth straight quarter Freddie Mac avoided leaning on taxpayers.
To date, it has drawn about $72 billion in bailout funds and paid nearly $30
billion in dividends.
Its sister company, Fannie Mae, has yet to report first quarter
results, but has said it made a $4.2 billion dividend payment in the quarter.
Following is a quarter-by-quarter look at the capital the two
government-controlled mortgage finance firms have drawn from the government and
the dividends they have returned.
All figures are in billions of U.S. dollars:
Fannie Mae Freddie Mac
Aid request Dividends paid Aid request Dividends paid
Q1 2013 N/A 4.2 0.0 5.8
Q4 2012 0.0 2.9 0.0 1.8
Q3 2012 0.0 2.9 0.0 1.8
Q2 2012 0.0 2.9 0.0 1.8
Q1 2012 0.0 2.8 0.019 1.8
Q4 2011 4.6 2.6 0.1 1.7
Q3 2011 7.8 2.5 6.0 1.6
Q2 2011 5.1 2.3 1.5 1.6
Q1 2011 8.5 2.2 0.0 1.6
Q4 2010 2.6 2.2 0.5 1.6
Q3 2010 2.5 2.1 0.1 1.6
Q2 2010 1.5 1.9 1.8 1.3
Q1 2010 8.4 1.5 10.6 1.3
Q4 2009 15.3 1.2 0.0 1.3
Q3 2009 15.0 0.9 0.0 1.3
Q2 2009 10.7 0.4 0.0 1.1
Q1 2009 19.0 0.025 6.1 0.4
Q4 2008 15.2 0.031 30.8 0.2
Q3 2008 0.0 0.0 14.8 0.0
Total 116.1 35.6 72.3 29.6
(Compiled by Tim Ahmann; Editing by Chizu Nomiyama)
