Forward Air Corporation (NASDAQ:FWRD) Updates On Quarterly Dividend


As per Forward Air Corporation (NASDAQ:FWRD) statement on 2016-07-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.12 per share as dividend to stakeholders. The record date is set as 2016-08-22, the payout date as 2016-09-06 and the ex-dividend date is 2016-08-18.

Last fiscal Forward Air Corporation (NASDAQ:FWRD) disbursed cash dividend of $0.12. A year ago, the payout was $0.12, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.12, implying 11.3824% growth.

For the period ended on 2015-12-31, Forward Air Corporation (NASDAQ:FWRD)’s earnings came at $0.57 per share compared to EPS of $0.58 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.63 per share.

The interim price target for Forward Air Corporation (NASDAQ:FWRD) is set at $51.75. 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 Forward Air Corporation (NASDAQ:FWRD) is seen at $55 and the lowest level is established at $50. This broad range highlights a standard deviation of $2.362 in reported estimates.

Shares of the Forward Air Corporation (NASDAQ:FWRD) traded in the range of $46.01 to $46.42 and closed the last trading session at $46.13 on a volume of ((Volume:238}}.

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