American Campus Communities Inc (NYSE:ACC) Updates On Quarterly Dividend


As per American Campus Communities Inc (NYSE:ACC) statement on 2016-08-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.42 per share as dividend to stakeholders. The record date is set as 2016-08-15, the payout date as 2016-08-26 and the ex-dividend date is 2016-08-11.

Last fiscal American Campus Communities Inc (NYSE:ACC) disbursed cash dividend of $0.42. A year ago, the payout was $0.42, which indicates a difference of 5.3333%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.42, implying 3.1964% growth.

For the period ended on 2015-12-31, American Campus Communities Inc (NYSE:ACC)’s earnings came at $0.54 per share compared to EPS of $0.42 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.43 per share.

The interim price target for American Campus Communities Inc (NYSE:ACC) is set at $54.333. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for American Campus Communities Inc (NYSE:ACC) is seen at $56 and the lowest level is established at $48. This broad range highlights a standard deviation of $3.204 in reported estimates.

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