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Freddie Mac to hand $746 million to U.S. Treasury

WASHINGTON, May 5 (Reuters) - Government-controlled mortgage finance firm Freddie Mac said on Tuesday it will give the U.S. Treasury just $746 million in the current quarter, its smallest dividend to taxpayers since 2009.

Freddie Mac said its first quarter net income was $524 million, up from $227 million in the fourth quarter.

(Reporting by Jason Lange; Editing by Chizu Nomiyama)