CBL & Associates Properties, Inc. (NYSE:CBL) Updates On Quarterly Dividend


As per CBL & Associates Properties, Inc. (NYSE:CBL) statement on 2016-08-25, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.265 per share as dividend to stakeholders. The record date is set as 2016-09-30, the payout date as 2016-10-14 and the ex-dividend date is 2016-09-28.

Last fiscal CBL & Associates Properties, Inc. (NYSE:CBL) disbursed cash dividend of $0.265. A year ago, the payout was $0.265, which indicates a difference of 6%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.265, implying 5.7896% growth.

For the period ended on 2015-12-31, CBL & Associates Properties, Inc. (NYSE:CBL)’s earnings came at $0.59 per share compared to EPS of $0.56 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $0.57 per share.

The interim price target for CBL & Associates Properties, Inc. (NYSE:CBL) is set at $14. 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 CBL & Associates Properties, Inc. (NYSE:CBL) is seen at $18 and the lowest level is established at $9. This broad range highlights a standard deviation of $2.795 in reported estimates.

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