Cigna Corporation (NYSE:CI) Updates On Dividend Release Date


On 2016-02-25, Cigna Corporation (NYSE:CI) confirmed the dividend disbursement of $0.04 a share to shareholders as on record 2016-03-11. The firm will release dividend on 2016-04-11 while ex-dividend date is reported to be 2016-03-09.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cigna Corporation (NYSE:CI) paid a total of $0.04 per share in dividends. This figure stood at $0.04 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $147.555 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $174 and $99, respectively.

Taking the mathematical rating formula, the price for Cigna Corporation (NYSE:CI) stands at 2.27. Earnings Review Cigna Corporation (NYSE:CI) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-04. For the period ending on 2016-09-30, experts are expecting EPS of $1.9.

Coming to the quarter ending on 2015-12-31, Cigna Corporation (NYSE:CI) recorded EPS of $1.98. The reported numbers came lower than the analysts’ estimates of $2.39, demonstrating a miss of $-0.41 as against reported figures.

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