Ferrellgas Partners, L.P. (NYSE:FGP) Updates On Quarterly Dividend


As per Ferrellgas Partners, L.P. (NYSE:FGP) statement on 2016-05-24, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.512 per share as dividend to stakeholders. The record date is set as 2016-06-07, the payout date as 2016-06-14 and the ex-dividend date is 2016-06-03.

Last fiscal Ferrellgas Partners, L.P. (NYSE:FGP) disbursed cash dividend of $0.512. A year ago, the payout was $0.512, which indicates a difference of 2.5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.512, implying 0.4951% growth.

For the period ended on 2015-07-31, Ferrellgas Partners, L.P. (NYSE:FGP)’s earnings came at $0.19 per share compared to EPS of $-0.48 a year ago. This quarter the firm can post earnings for quarter ending 2016-07-31 on or around 2016-10-04. For this quarter, the analysts have earnings estimate of $-0.51 per share.

The interim price target for Ferrellgas Partners, L.P. (NYSE:FGP) is set at $15.333. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Ferrellgas Partners, L.P. (NYSE:FGP) is seen at $19 and the lowest level is established at $12. This broad range highlights a standard deviation of $3.511 in reported estimates.

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