Brinker International, Inc. (NYSE:EAT) Updates On Quarterly Dividend


As per Brinker International, Inc. (NYSE:EAT) statement on 2016-08-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.34 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-09-29 and the ex-dividend date is 2016-09-07.

Last fiscal Brinker International, Inc. (NYSE:EAT) disbursed cash dividend of $0.34. A year ago, the payout was $0.34, which indicates a difference of 14.2857%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.34, implying 17.9789% growth.

For the period ended on 2016-06-30, Brinker International, Inc. (NYSE:EAT)’s earnings came at $1.24 per share compared to EPS of $0.56 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-18. For this quarter, the analysts have earnings estimate of $0.55 per share.

The interim price target for Brinker International, Inc. (NYSE:EAT) is set at $53.125. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Brinker International, Inc. (NYSE:EAT) is seen at $60 and the lowest level is established at $47. This broad range highlights a standard deviation of $4.549 in reported estimates.

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