Callaway Golf Company (NYSE:ELY) Updates On Quarterly Dividend


As per Callaway Golf Company (NYSE:ELY) statement on 2016-08-11, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.01 per share as dividend to stakeholders. The record date is set as 2016-08-25, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-23.

Last fiscal Callaway Golf Company (NYSE:ELY) disbursed cash dividend of $0.01. A year ago, the payout was $0.01, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.01, implying 0% growth.

For the period ended on 2015-12-31, Callaway Golf Company (NYSE:ELY)’s earnings came at $0.36 per share compared to EPS of $-0.04 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $-0.12 per share.

The interim price target for Callaway Golf Company (NYSE:ELY) is set at $13.5. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Callaway Golf Company (NYSE:ELY) is seen at $16 and the lowest level is established at $12. This broad range highlights a standard deviation of $1.369 in reported estimates.

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