As per Fly Leasing Limited (NYSE:FLY)’s news release on 2015-10-15, its shareholders will get cash dividend of $0.25 per share. The recent press release updated on the record date and payout date, which stands at 2015-10-30 and 2015-11-20, respectively.
The stock of Fly Leasing Limited (NYSE:FLY) will commence trading ex-dividend from 2015-10-28, until which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Fly Leasing Limited (NYSE:FLY) disbursed $0.5 in dividend compared to distribution of $0.85, a year ago. It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 17.647%.
The past track record of five years substantiates that the average payout of Fly Leasing Limited (NYSE:FLY) stands at $0.805, implying 9.3362% growth. The company recorded earnings of $0.23 a share in the preceding fiscal.
The interim price target for Fly Leasing Limited (NYSE:FLY) is set at $16.666. 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 is seen at $23 and the lowest level is established at 14. This broad range highlights a standard deviation of $3.444 in reported estimates.
AlphaOne has allotted A sentiment score of 0 to Fly Leasing Limited (NYSE:FLY) while impact score assigned is 0 as on as on 2016-07-09.
1 Chart Pattern Every Investor Should Know
This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...