As per CAE Inc (NYSE:CAE)’s news release on 2016-08-10, its shareholders will get cash dividend of $0.061 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-15 and 2016-09-30, respectively.
The stock will commence trading ex-dividend from 2016-09-13, 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 CAE Inc (NYSE:CAE) disbursed $0.061 in dividend compared to distribution of $0.061, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -9.7924%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated CAE Inc (NYSE:CAE) to attain a price target of $14.564. It is an average estimate figure given by 5 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $17. The low price range is set at $11.7 for next year while the arithmetic mean is seen at 2.17.
Eyeing Earnings CAE Inc (NYSE:CAE) is likely to post quarterly numbers around 2016-11-09 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.16 for the period ending on 2016-09-30.
In last quarter ended 2016-03-31, CAE Inc (NYSE:CAE) earnings came at $0.2 suggesting a deviation of $0.04. The brokerages targeted EPS of $0.16 for the quarter.
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