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$BK repurchased 12.5MM common shares for $509MM in 2Q16. The BoD approved a common stock dividend increase of 12% and the repurchase of up to approx. $2.7Bil of common stock. $BK declared a quarterly common stock dividend of $0.19 per common share payable on Aug. 12, 2016 to shareholders of record as of Aug. 2, 2016.
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.