As per Aflac Incorporated (NYSE:AFL)’s news release on 2016-07-29, its shareholders will get cash dividend of $0.41 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-24 and 2016-09-01, respectively.
The stock will commence trading ex-dividend from 2016-08-22, 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 Aflac Incorporated (NYSE:AFL) disbursed $0.41 in dividend compared to distribution of $0.41, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 5.3333%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Aflac Incorporated (NYSE:AFL) to attain a price target of $71.8. It is an average estimate figure given by 10 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $77. The low price range is set at $67 for next year while the arithmetic mean is seen at 2.75.
Eyeing Earnings Aflac Incorporated (NYSE:AFL) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $1.75 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Aflac Incorporated (NYSE:AFL) earnings came at $1.71 suggesting a deviation of $0.03. The brokerages targeted EPS of $1.68 for the quarter.
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