Advance Auto Parts Inc (NYSE:AAP) Updates On Quarterly Dividend


As per Advance Auto Parts Inc (NYSE:AAP) statement on 2016-08-16, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.06 per share as dividend to stakeholders. The record date is set as 2016-09-23, the payout date as 2016-10-07 and the ex-dividend date is 2016-09-21.

Last fiscal Advance Auto Parts Inc (NYSE:AAP) disbursed cash dividend of $0.06. A year ago, the payout was $0.06, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.06, implying 0% growth.

For the period ended on 2015-12-31, Advance Auto Parts Inc (NYSE:AAP)’s earnings came at $1.9 per share compared to EPS of $1.95 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-10. For this quarter, the analysts have earnings estimate of $1.81 per share.

The interim price target for Advance Auto Parts Inc (NYSE:AAP) is set at $167.111. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Advance Auto Parts Inc (NYSE:AAP) is seen at $192 and the lowest level is established at $130. This broad range highlights a standard deviation of $18.884 in reported estimates.

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