As per Aetna Inc. (NYSE:AET)’s news release on 2016-05-23, its shareholders will get cash dividend of $0.25 per share. The recent press release updated on the record date and payout date, which stands at 2016-07-14 and 2016-07-29, respectively.
The stock will commence trading ex-dividend from 2016-07-12, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Aetna Inc. (NYSE:AET) disbursed $0.25 in dividend compared to distribution of $0.25, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 11.1111%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Aetna Inc. (NYSE:AET) to attain a price target of $135.769. It is an average estimate figure given by 13 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $152. The low price range is set at $80 for next year while the arithmetic mean is seen at 1.97.
Eyeing Earnings Aetna Inc. (NYSE:AET) is likely to post quarterly numbers around 2016-10-27 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $2.03 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Aetna Inc. (NYSE:AET) earnings came at $2.21 suggesting a deviation of $0.1. The brokerages targeted EPS of $2.11 for the quarter.
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