On 2016-06-10, Abbott Laboratories (NYSE:ABT) confirmed the dividend disbursement of $0.26 a share to shareholders as on record 2016-07-15. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-07-13.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Abbott Laboratories (NYSE:ABT) paid a total of $0.26 per share in dividends. This figure stood at $0.26 a share in the same period a year ago indicating a deviation of 9.0909%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $48.818 on the stock. This figure is the average of recommendations offered by 11 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $52 and $45, respectively.
Taking the mathematical rating formula, the price for Abbott Laboratories (NYSE:ABT) stands at 1.6. Earnings Review Abbott Laboratories (NYSE:ABT) 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 $0.58.
Coming to the quarter ending on 2015-12-31, Abbott Laboratories (NYSE:ABT) recorded EPS of $0.55. The reported numbers came lower than the analysts’ estimates of $0.53, demonstrating a miss of $0.02 as against reported figures.
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