As per CenturyLink, Inc. (NYSE:CTL)’s news release on 2016-08-24, its shareholders will get cash dividend of $0.54 per share. The recent press release updated on the record date and payout date, which stands at 2016-09-02 and 2016-09-16, respectively.
The stock will commence trading ex-dividend from 2016-08-31, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year CenturyLink, Inc. (NYSE:CTL) disbursed $0.54 in dividend compared to distribution of $0.54, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 0%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated CenturyLink, Inc. (NYSE:CTL) to attain a price target of $29.1. It is an average estimate figure given by 10 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $42. The low price range is set at $22 for next year while the arithmetic mean is seen at 3.14.
Eyeing Earnings CenturyLink, Inc. (NYSE:CTL) is likely to post quarterly numbers around 2016-11-02 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.56 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, CenturyLink, Inc. (NYSE:CTL) earnings came at $0.63 suggesting a deviation of $0.04. The brokerages targeted EPS of $0.59 for the quarter.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...