Cementos Pacasmayo S.A.A. (NYSE:CPAC) Updates On Dividend Release Date


On 2015-10-22, Cementos Pacasmayo S.A.A. (NYSE:CPAC) confirmed the dividend disbursement of $0.392 a share to shareholders as on record 2015-10-05. The firm will release dividend on 2015-10-26 while ex-dividend date is reported to be 2015-10-01.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cementos Pacasmayo S.A.A. (NYSE:CPAC) paid a total of $0.392 per share in dividends. This figure stood at $0.392 a share in the same period a year ago indicating a deviation of 27.4509%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $8.85 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $9.2 and $8.5, respectively.

Taking the mathematical rating formula, the price for Cementos Pacasmayo S.A.A. (NYSE:CPAC) stands at 3. Earnings Review Cementos Pacasmayo S.A.A. (NYSE:CPAC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $0.13.

Coming to the quarter ending on 2015-12-31, Cementos Pacasmayo S.A.A. (NYSE:CPAC) recorded EPS of $0.09. The reported numbers came lower than the analysts’ estimates of $0.12, demonstrating a miss of $-0.03 as against reported figures.

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