TARP Dividend Payments Total $16 Billion, Treasury Figures Show

The U.S. Treasury Department has received about $16 billion in dividends and interest on its investments in banks, insurance companies and automakers through the Troubled Asset Relief Program, a report showed.

Payments totaling $666 million have been made since the previous report in August, according to government data to be released tomorrow. Half of that came from banks participating in the capital purchase program, which the Treasury used to inject $205 billion into about 700 banks and which has collected $9.8 billion in dividends.