As per Brunswick Corporation (NYSE:BC)’s news release on 2016-07-19, its shareholders will get cash dividend of $0.15 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-23 and 2016-09-15, respectively.
The stock will commence trading ex-dividend from 2016-08-19, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Brunswick Corporation (NYSE:BC) disbursed $0.15 in dividend compared to distribution of $0.15, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 16.6667%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Brunswick Corporation (NYSE:BC) to attain a price target of $59.909. It is an average estimate figure given by 11 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $70. The low price range is set at $47 for next year while the arithmetic mean is seen at 1.33.
Eyeing Earnings Brunswick Corporation (NYSE:BC) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.91 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Brunswick Corporation (NYSE:BC) earnings came at $1.19 suggesting a deviation of $0.02. The brokerages targeted EPS of $1.17 for the quarter.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...