As per Coca-Cola Enterprises, Inc. (NYSE:CCE)’s news release on 2016-04-26, its shareholders will get cash dividend of $0.3 per share. The recent press release updated on the record date and payout date, which stands at 2016-05-18 and 2016-05-25, respectively.
The stock will commence trading ex-dividend from 2016-05-16, 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 Coca-Cola Enterprises, Inc. (NYSE:CCE) disbursed $0.3 in dividend compared to distribution of $0.3, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 12%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Coca-Cola Enterprises, Inc. (NYSE:CCE) to attain a price target of $46.083. It is an average estimate figure given by 6 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $57. The low price range is set at $40 for next year while the arithmetic mean is seen at 2.22.
Eyeing Earnings Coca-Cola Enterprises, Inc. (NYSE:CCE) is likely to post quarterly numbers around 2016-09-22 for the quarter ending 2016-06-30. The quarterly EPS projection is set at $0.67 for the period ending on 2016-06-30.
In last quarter ended 2015-12-31, Coca-Cola Enterprises, Inc. (NYSE:CCE) earnings came at $0.41 suggesting a deviation of $0.01. The brokerages targeted EPS of $0.4 for the quarter.
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