Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) Updates On Quarterly Dividend

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As per Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) statement on 2016-01-14, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.034 per share as dividend to stakeholders. The record date is set as 2015-12-24, the payout date as 2016-01-21 and the ex-dividend date is 2015-12-22.

Last fiscal Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) disbursed cash dividend of $0.034. A year ago, the payout was $0.034, which indicates a difference of -57.2777%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.034, implying -22.1441% growth.

For the period ended on 2015-12-31, Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ)’s earnings came at $0.24 per share compared to EPS of $0.39 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.31 per share.

The interim price target for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) is set at $24.833. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Embraer-Empresa Brasileira de Aeronautica (NYSE:ERJ) is seen at $29 and the lowest level is established at $18. This broad range highlights a standard deviation of $4.622 in reported estimates.

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