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Washington Mutual Securities

 

Washington Mutual has a number of securities that trade on the open market. These include common stock, preferred stock, trust preferred, and bonds.



Common Stock

WAMUQ is the symbol for common stock of the holding company, Washington Mutual, Inc.'s. It trades over the counter on the Pink Sheets. There are 1.7 billion shares outstanding at this time. A current quote can be obtained at the link below:

http://quotes.nasdaq.com/quote.dll?page=multi&mode=stock&symbol=WAMUQ



Preferred Stock

The first of Washington Mutual's preferred stocks trades under the symbol WAMKQ, also on the Pink Sheets. It has a liquidation preference of $25 and yields a variable rate, currently 4%. Dividends are suspended while in Chapter 11 bankruptcy. There are 20 million shares outstanding. A current quote can be obtained at the link below:

http://quotes.nasdaq.com/quote.dll?page=multi&mode=stock&symbol=WAMKQ

The IPO Prospectus for WAMKQ



WAMPQ is the Series R Preferred Stock, also traded on the Pink Sheets. It has a liquidation preference of $1000 and yields 7.75%. Dividends are suspended while in Chapter 11 bankruptcy; there are 3 million shares outstanding. A current quote can be obtained at the link below:

http://quotes.nasdaq.com/quote.dll?page=multi&mode=stock&symbol=WAMPQ

The IPO Prospectus for WAMPQ



Trust Preferred

WAHUQ is the Washington Mutual Capital Trust 2001, also traded on the Pink Sheets. They were issued initially at $50 and yield 5.375%. Each unit consists of a preferred security and a warrant to purchase 1.2081 shares of common stock. The accreted value of the preferred security was approximately $35.50 at the time of seizure. Dividends are suspended while in Chapter 11 bankruptcy, and there are 23 million shares outstanding. A current quote can be obtained at the link below:

http://quotes.nasdaq.com/quote.dll?page=multi&mode=stock&symbol=WAHUQ

The IPO Prospectus for WAHUQ



WMI Bonds

Washington Mutual bonds are traded on the bond markets under a variety of symbols. Current quotes can be obtained at the link below:

Washington Mutual Inc. Bonds from cxa.marketwatch.com