Avago Technologies Limited (NASDAQ:AVGO) Updates On Dividend Release Date


On 2016-06-03, Avago Technologies Limited (NASDAQ:AVGO) confirmed the dividend disbursement of $0.5 a share to shareholders as on record 2016-06-17. The firm will release dividend on 2016-06-30 while ex-dividend date is reported to be 2016-06-15.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Avago Technologies Limited (NASDAQ:AVGO) paid a total of $0.5 per share in dividends. This figure stood at $0.5 a share in the same period a year ago indicating a deviation of 37.1681%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $191.125 on the stock. This figure is the average of recommendations offered by 24 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $211 and $160, respectively.

Taking the mathematical rating formula, the price for Avago Technologies Limited (NASDAQ:AVGO) stands at 1.1. Earnings Review Avago Technologies Limited (NASDAQ:AVGO) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-09-01. For the period ending on 2016-07-31, experts are expecting EPS of $2.29.

Coming to the quarter ending on 2015-10-31, Avago Technologies Limited (NASDAQ:AVGO) recorded EPS of $2.13. The reported numbers came lower than the analysts’ estimates of $2, demonstrating a miss of $0.13 as against reported figures.

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