WASHINGTON (dpa-AFX) - Mortgage guarantor Fannie Mae (FNMA.OB) reported that its net income attributable to common stockholders for the second quarter of 2015 was $281 million or $0.05 per share, compared to net loss of $46 million or $0.01 per share in the year ago quarter.
Net income attributable to Fannie Mae for the quarter rose to $4.64 billion from $3.67 billion in the prior year.
Net revenues for the quarter was $6.23 billion, up from $5.29 billion in the year-ago period.
Net interest income for the quarter grew to $5.68 billion from $4.90 billion in the prior year. Non-interest income was $3.68 billion, compared to non-interest loss of $30 million in the previous year.
Fannie Mae said it expects to pay $4.4 billion in dividends to Treasury in September 2015 as it reported a positive net worth of $6.2 billion as of June 30, 2015.
With the expected September dividend payment, the company will have paid a total of $142.5 billion in dividends to the Treasury. Dividend payments do not reduce prior Treasury draws, which total $116.1 billion since 2008.
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