CBS Corporation (NYSE:CBS) Updates On Dividend Release Date


On 2016-07-28, CBS Corporation (NYSE:CBS) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-10-01 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, CBS Corporation (NYSE:CBS) paid a total of $0.18 per share in dividends. This figure stood at $0.18 a share in the same period a year ago indicating a deviation of 11.1111%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $63.473 on the stock. This figure is the average of recommendations offered by 19 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $70 and $51, respectively.

Taking the mathematical rating formula, the price for CBS Corporation (NYSE:CBS) stands at 1.59. Earnings Review CBS Corporation (NYSE:CBS) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.99.

Coming to the quarter ending on 2015-12-31, CBS Corporation (NYSE:CBS) recorded EPS of $0.93. The reported numbers came lower than the analysts’ estimates of $0.86, demonstrating a miss of $0.07 as against reported figures.

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