First Potomac Realty Trust (NYSE:FPO) Updates On Dividend Release Date


On 2016-07-29, First Potomac Realty Trust (NYSE:FPO) confirmed the dividend disbursement of $0.1 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, First Potomac Realty Trust (NYSE:FPO) paid a total of $0.1 per share in dividends. This figure stood at $0.1 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $10.3 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $11 and $9, respectively.

Taking the mathematical rating formula, the price for First Potomac Realty Trust (NYSE:FPO) stands at 3. Earnings Review First Potomac Realty Trust (NYSE:FPO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.25.

Coming to the quarter ending on 2015-12-31, First Potomac Realty Trust (NYSE:FPO) recorded EPS of $0.27. The reported numbers came lower than the analysts’ estimates of $0.25, demonstrating a miss of $0.02 as against reported figures.

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