ABB Ltd (NYSE:ABB) Updates On Quarterly Dividend


As per ABB Ltd (NYSE:ABB) statement on 2016-07-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.731 per share as dividend to stakeholders. The record date is set as 2016-07-12, the payout date as 2016-07-20 and the ex-dividend date is 2016-07-08.

Last fiscal ABB Ltd (NYSE:ABB) disbursed cash dividend of $0.731. A year ago, the payout was $0.731, which indicates a difference of 72.358%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.731, implying 23.0404% growth.

For the period ended on 2015-12-31, ABB Ltd (NYSE:ABB)’s earnings came at $0.3 per share compared to EPS of $0.26 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.28 per share.

The interim price target for ABB Ltd (NYSE:ABB) is set at $20.617. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ABB Ltd (NYSE:ABB) is seen at $22 and the lowest level is established at $18. This broad range highlights a standard deviation of $1.792 in reported estimates.

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