Want to join the conversation?
$RAI's BoD approved an increase in its dividend payout target to 80% of adjusted net income, which led to 9.5% growth in quarterly cash dividend to $0.46 per share. $RAI began implementing its $2Bil share repurchase program with repurchases of about $75MM of common stock in 3Q16.
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.