First Interstate BancSystem, Inc. (NASDAQ:FIBK) Updates On Quarterly Dividend


As per First Interstate BancSystem, Inc. (NASDAQ:FIBK) statement on 2016-07-26, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.22 per share as dividend to stakeholders. The record date is set as 2016-08-01, the payout date as 2016-08-12 and the ex-dividend date is 2016-07-28.

Last fiscal First Interstate BancSystem, Inc. (NASDAQ:FIBK) disbursed cash dividend of $0.22. A year ago, the payout was $0.22, which indicates a difference of 25%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.22, implying 12.1955% growth.

For the period ended on 2015-12-31, First Interstate BancSystem, Inc. (NASDAQ:FIBK)’s earnings came at $0.52 per share compared to EPS of $0.52 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-24. For this quarter, the analysts have earnings estimate of $0.55 per share.

The interim price target for First Interstate BancSystem, Inc. (NASDAQ:FIBK) is set at $31.25. This level is the mean price reached by averaging the stock views of 4 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for First Interstate BancSystem, Inc. (NASDAQ:FIBK) is seen at $33 and the lowest level is established at $30. This broad range highlights a standard deviation of $1.258 in reported estimates.

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