Black Hills Corporation (NYSE:BKH) Updates On Quarterly Dividend


As per Black Hills Corporation (NYSE:BKH) statement on 2016-08-01, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.42 per share as dividend to stakeholders. The record date is set as 2016-08-18, the payout date as 2016-09-01 and the ex-dividend date is 2016-08-16.

Last fiscal Black Hills Corporation (NYSE:BKH) disbursed cash dividend of $0.42. A year ago, the payout was $0.42, which indicates a difference of 3.8462%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.42, implying 2.3836% growth.

For the period ended on 2015-12-31, Black Hills Corporation (NYSE:BKH)’s earnings came at $0.39 per share compared to EPS of $0.64 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $0.45 per share.

The interim price target for Black Hills Corporation (NYSE:BKH) is set at $62.25. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Black Hills Corporation (NYSE:BKH) is seen at $68 and the lowest level is established at $54. This broad range highlights a standard deviation of $6.946 in reported estimates.

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