ABB Ltd (NYSE:ABB) Updates On Dividend Release Date


On 2016-07-14, ABB Ltd (NYSE:ABB) confirmed the dividend disbursement of $0.731 a share to shareholders as on record 2016-07-12. The firm will release dividend on 2016-07-20 while ex-dividend date is reported to be 2016-07-08.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, ABB Ltd (NYSE:ABB) paid a total of $0.731 per share in dividends. This figure stood at $0.731 a share in the same period a year ago indicating a deviation of 72.358%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $20.617 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $22 and $18, respectively.

Taking the mathematical rating formula, the price for ABB Ltd (NYSE:ABB) stands at 2.75. Earnings Review ABB Ltd (NYSE:ABB) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $0.28.

Coming to the quarter ending on 2015-12-31, ABB Ltd (NYSE:ABB) recorded EPS of $0.3. The reported numbers came lower than the analysts’ estimates of $0.25, demonstrating a miss of $0.05 as against reported figures.

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