Arthur J. Gallagher & Co. (NYSE:AJG) Updates On Dividend Release Date


On 2016-07-28, Arthur J. Gallagher & Co. (NYSE:AJG) confirmed the dividend disbursement of $0.38 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-31.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Arthur J. Gallagher & Co. (NYSE:AJG) paid a total of $0.38 per share in dividends. This figure stood at $0.38 a share in the same period a year ago indicating a deviation of 2.7778%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $51.3 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $59 and $43, respectively.

Taking the mathematical rating formula, the price for Arthur J. Gallagher & Co. (NYSE:AJG) stands at 1.83. Earnings Review Arthur J. Gallagher & Co. (NYSE:AJG) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.77.

Coming to the quarter ending on 2015-12-31, Arthur J. Gallagher & Co. (NYSE:AJG) recorded EPS of $0.97. The reported numbers came lower than the analysts’ estimates of $0.96, demonstrating a miss of $0.01 as against reported figures.

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