Campbell Soup Company (NYSE:CPB) Updates On Dividend Release Date


On 2016-09-01, Campbell Soup Company (NYSE:CPB) confirmed the dividend disbursement of $0.35 a share to shareholders as on record 2016-10-12. The firm will release dividend on 2016-10-31 while ex-dividend date is reported to be 2016-10-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Campbell Soup Company (NYSE:CPB) paid a total of $0.35 per share in dividends. This figure stood at $0.35 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $59.25 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $65 and $51, respectively.

Taking the mathematical rating formula, the price for Campbell Soup Company (NYSE:CPB) stands at 3.19. Earnings Review Campbell Soup Company (NYSE:CPB) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-22. For the period ending on 2016-10-31, experts are expecting EPS of $0.97.

Coming to the quarter ending on 2016-07-31, Campbell Soup Company (NYSE:CPB) recorded EPS of $0.46. The reported numbers came lower than the analysts’ estimates of $0.5, demonstrating a miss of $-0.04 as against reported figures.

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