As per Agrium Inc. (NYSE:AGU)’s news release on 2016-08-04, its shareholders will get cash dividend of $0.875 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-30 and 2016-10-20, respectively.
The stock will commence trading ex-dividend from 2016-09-28, 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 Agrium Inc. (NYSE:AGU) disbursed $0.875 in dividend compared to distribution of $0.875, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -8.2999%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Agrium Inc. (NYSE:AGU) to attain a price target of $99.166. It is an average estimate figure given by 12 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $130. The low price range is set at $84 for next year while the arithmetic mean is seen at 2.08.
Eyeing Earnings Agrium Inc. (NYSE:AGU) is likely to post quarterly numbers around 2016-11-02 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.22 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Agrium Inc. (NYSE:AGU) earnings came at $4.09 suggesting a deviation of $0.04. The brokerages targeted EPS of $4.05 for the quarter.
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