Domtar Corporation (NYSE:UFS) Updates On Dividend Release Date


On 2016-08-03, Domtar Corporation (NYSE:UFS) confirmed the dividend disbursement of $0.415 a share to shareholders as on record 2016-10-03. The firm will release dividend on 2016-10-17 while ex-dividend date is reported to be 2016-09-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Domtar Corporation (NYSE:UFS) paid a total of $0.415 per share in dividends. This figure stood at $0.415 a share in the same period a year ago indicating a deviation of 14.2857%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $40.875 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $50 and $32, respectively.

Taking the mathematical rating formula, the price for Domtar Corporation (NYSE:UFS) stands at 3.38. Earnings Review Domtar Corporation (NYSE:UFS) 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 $1.01.

Coming to the quarter ending on 2015-12-31, Domtar Corporation (NYSE:UFS) recorded EPS of $0.61. The reported numbers came lower than the analysts’ estimates of $0.19, demonstrating a miss of $0.42 as against reported figures.

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