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During 4Q15, $MHFI repurchased 5.1MM shares under the 2013 repurchase program and, as of December 31, 2015, 35.5MM shares remained under the 2013 repurchase program. On January 27, 2016, the BoD approved an increase in the quarterly common stock dividend from $0.33 per share to $0.36 per share.
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.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.