Allianceberstein Holding L.P. (NYSE:AB) Updates On Quarterly Dividend


As per Allianceberstein Holding L.P. (NYSE:AB) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.4 per share as dividend to stakeholders. The record date is set as 2016-08-08, the payout date as 2016-08-25 and the ex-dividend date is 2016-08-04.

Last fiscal Allianceberstein Holding L.P. (NYSE:AB) disbursed cash dividend of $0.4. A year ago, the payout was $0.4, which indicates a difference of 2.1164%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.4, implying 5.0307% growth.

For the period ended on 2015-12-31, Allianceberstein Holding L.P. (NYSE:AB)’s earnings came at $0.4 per share compared to EPS of $0.43 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.44 per share.

The interim price target for Allianceberstein Holding L.P. (NYSE:AB) is set at $23.5. This level is the mean price reached by averaging the stock views of 2 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Allianceberstein Holding L.P. (NYSE:AB) is seen at $25 and the lowest level is established at $22. This broad range highlights a standard deviation of $2.121 in reported estimates.

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