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$GIS said that its Board of Directors declared a quarterly dividend increase of 4% to $0.48 per share, payable Aug. 1, 2016, to shareholders of record July 11, 2016. The new annualized dividend rate of $1.92 per share represents an 8% increase over the annual dividend of $1.78 paid in FY16.
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.