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YTD through Oct. 5, 2015, $YUM repurchased 4.5MM shares totaling $370MM at an average price of $82. The Board of Directors approved a 12% increase in dividend that will increase from $0.41 to $0.46 per share. This will be effective with the dividend payment to be distributed on Nov. 6, 2015 to shareholders at the close of business on Oct. 16, 2015.
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.