H. F. Ahmanson boosted its dividend rate by 15%.

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Directors of the parent of Home Savings of America voted to increase the cash dividend to 34.5 cents per share and to split the stock three for one. The stock split is contingent upon


shareholder approval. The company currently has about 28.1 million shares outstanding. The higher dividend is payable June 2 to stockholders of record May 9. If the proposed stock split is


approved, shareholders of record May 16 will receive two additional shares for each share held, payable June 10. The dividend increase will be reflected in a post-split indicated annual rate


of 46 cents per share. MORE TO READ