ARM Holdings plc (ADR) (NASDAQ:ARMH) Updates On Quarterly Dividend


As per ARM Holdings plc (ADR) (NASDAQ:ARMH) statement on 2016-05-16, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.223 per share as dividend to stakeholders. The record date is set as 2016-04-22, the payout date as 2016-05-23 and the ex-dividend date is 2016-04-20.

Last fiscal ARM Holdings plc (ADR) (NASDAQ:ARMH) disbursed cash dividend of $0.223. A year ago, the payout was $0.223, which indicates a difference of 17.6253%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.223, implying 24.8326% growth.

For the period ended on 2015-12-31, ARM Holdings plc (ADR) (NASDAQ:ARMH)’s earnings came at $0.29 per share compared to EPS of $0.3 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.33 per share.

The interim price target for ARM Holdings plc (ADR) (NASDAQ:ARMH) is set at $51.566. 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 ARM Holdings plc (ADR) (NASDAQ:ARMH) is seen at $67.5 and the lowest level is established at $39.5. This broad range highlights a standard deviation of $12.158 in reported estimates.

Shares of the ARM Holdings plc (ADR) (NASDAQ:ARMH) traded in the range of $65.5 to $65.71 and closed the last trading session at $65.57 on a volume of ((Volume:238}}.

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