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Insurance provider $RNR said its BoD has voted to raise the quarterly dividend to $0.31 per share from $0.30 per share, payable on March 31 to holders of record on March 15. BoD also approved a raise in the repurchase program, bringing total current authorization to $500MM, including the remaining amounts available under prior authorizations.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.