CAE Inc (NYSE:CAE) Updates On Dividend Release Date


On 2016-08-10, CAE Inc (NYSE:CAE) confirmed the dividend disbursement of $0.061 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CAE Inc (NYSE:CAE) paid a total of $0.061 per share in dividends. This figure stood at $0.061 a share in the same period a year ago indicating a deviation of -9.7924%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $14.564 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $17 and $11.7, respectively.

Taking the mathematical rating formula, the price for CAE Inc (NYSE:CAE) stands at 2.17. Earnings Review CAE Inc (NYSE:CAE) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-09. For the period ending on 2016-09-30, experts are expecting EPS of $0.16.

Coming to the quarter ending on 2016-03-31, CAE Inc (NYSE:CAE) recorded EPS of $0.2. The reported numbers came lower than the analysts’ estimates of $0.16, demonstrating a miss of $0.04 as against reported figures.

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