Celanese Corporation (NYSE:CE) Updates On Quarterly Dividend


As per Celanese Corporation (NYSE:CE) statement on 2016-07-20, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.36 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-11 and the ex-dividend date is 2016-07-28.

Last fiscal Celanese Corporation (NYSE:CE) disbursed cash dividend of $0.36. A year ago, the payout was $0.36, which indicates a difference of 23.6559%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.36, implying 44.9056% growth.

For the period ended on 2015-12-31, Celanese Corporation (NYSE:CE)’s earnings came at $1.59 per share compared to EPS of $1.5 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-17. For this quarter, the analysts have earnings estimate of $1.61 per share.

The interim price target for Celanese Corporation (NYSE:CE) is set at $75.125. This level is the mean price reached by averaging the stock views of 8 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Celanese Corporation (NYSE:CE) is seen at $83 and the lowest level is established at $65. This broad range highlights a standard deviation of $5.962 in reported estimates.

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