Ecolab Inc. (NYSE:ECL) Updates On Quarterly Dividend


As per Ecolab Inc. (NYSE:ECL) statement on 2016-08-04, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.35 per share as dividend to stakeholders. The record date is set as 2016-09-20, the payout date as 2016-10-17 and the ex-dividend date is 2016-09-16.

Last fiscal Ecolab Inc. (NYSE:ECL) disbursed cash dividend of $0.35. A year ago, the payout was $0.35, which indicates a difference of 16.0173%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.35, implying 15.9271% growth.

For the period ended on 2015-12-31, Ecolab Inc. (NYSE:ECL)’s earnings came at $1.08 per share compared to EPS of $1.28 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-07. For this quarter, the analysts have earnings estimate of $1.28 per share.

The interim price target for Ecolab Inc. (NYSE:ECL) is set at $124.555. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Ecolab Inc. (NYSE:ECL) is seen at $135 and the lowest level is established at $98. This broad range highlights a standard deviation of $11.822 in reported estimates.

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