As per ArcBest Corporation (NASDAQ:ARCB) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.08 per share as dividend to stakeholders. The record date is set as 2016-08-11, the payout date as 2016-08-25 and the ex-dividend date is 2016-08-09.
Last fiscal ArcBest Corporation (NASDAQ:ARCB) disbursed cash dividend of $0.08. A year ago, the payout was $0.08, which indicates a difference of 73.3333%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.08, implying 16.7235% growth.
For the period ended on 2015-12-31, ArcBest Corporation (NASDAQ:ARCB)’s earnings came at $0.38 per share compared to EPS of $0.74 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.48 per share.
The interim price target for ArcBest Corporation (NASDAQ:ARCB) is set at $20. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ArcBest Corporation (NASDAQ:ARCB) is seen at $24 and the lowest level is established at $17. This broad range highlights a standard deviation of $2.738 in reported estimates.
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