Activision Blizzard, Inc (NASDAQ:ATVI) Updates On Dividend Release Date


On 2016-04-29, Activision Blizzard, Inc (NASDAQ:ATVI) confirmed the dividend disbursement of $0.26 a share to shareholders as on record 2016-03-30. The firm will release dividend on 2016-05-11 while ex-dividend date is reported to be 2016-03-28.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Activision Blizzard, Inc (NASDAQ:ATVI) 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 15%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $45 on the stock. This figure is the average of recommendations offered by 15 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $55 and $32, respectively.

Taking the mathematical rating formula, the price for Activision Blizzard, Inc (NASDAQ:ATVI) stands at 1.56. Earnings Review Activision Blizzard, Inc (NASDAQ:ATVI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-07. For the period ending on 2016-09-30, experts are expecting EPS of $0.38.

Coming to the quarter ending on 2015-12-31, Activision Blizzard, Inc (NASDAQ:ATVI) recorded EPS of $0.4. The reported numbers came lower than the analysts’ estimates of $0.37, demonstrating a miss of $0.03 as against reported figures.

Shares of the Activision Blizzard, Inc (NASDAQ:ATVI) traded in the range of $40.45 to $41.53 and closed the last trading session at $41.25 on a volume of ((Volume:238}}.

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