Aramark (NYSE:ARMK) Updates On Dividend Release Date


On 2016-08-04, Aramark (NYSE:ARMK) confirmed the dividend disbursement of $0.095 a share to shareholders as on record 2016-08-16. The firm will release dividend on 2016-09-06 while ex-dividend date is reported to be 2016-08-12.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Aramark (NYSE:ARMK) paid a total of $0.095 per share in dividends. This figure stood at $0.095 a share in the same period a year ago indicating a deviation of 53.3333%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $42.166 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $44 and $40, respectively.

Taking the mathematical rating formula, the price for Aramark (NYSE:ARMK) stands at 1.25. Earnings Review Aramark (NYSE:ARMK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-16. For the period ending on 2016-09-30, experts are expecting EPS of $0.45.

Coming to the quarter ending on 2015-09-30, Aramark (NYSE:ARMK) recorded EPS of $0.3. The reported numbers came lower than the analysts’ estimates of $0.29, demonstrating a miss of $0.01 as against reported figures.

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