On 2016-08-22, Fred's, Inc. (NASDAQ:FRED) updated dividend disbursement of $0.06 a share for record date 2016-09-02. The dividend release date is 2016-09-15 while ex-dividend date is 2016-08-31.
During bearish stock market, dividend-paying firms tend to endure the storm significantly better than firms that don’t disburse dividends. While dividend-compensating equities decline in an inclusive bearish market, they don’t commonly suffer like the overall street average. During the financial crisis in 2008, while the market average drop for stocks of firms not paying dividends was nearly 45%, dividend-paying firms only decline 38% on average. The gap was even greater in the 2002 recession, when dividend-paying firms decline by just 10%, compared to non-dividend-paying firms, which decline an average of 30%. At that time, investments in dividend-paying firms offered a big cushion against losses for shareholders.
Last year, Fred's, Inc. (NASDAQ:FRED) paid a total of $0.06 per share in disbursement. This numeral was $0.06 a share in the analogous period last year indicating deviation of 0%.
Analysts have forecasted target of $13 based on 4 calls. The positive and bearish forecasts are $17 and $10, correspondingly.
With application of mathematical rating, Fred's, Inc. (NASDAQ:FRED) score came at 3. For period ending on 2016-10-31 quarterly earnings can be revealed around 2016-11-22. While for the period ending on 2016-10-31, the projected EPS is $-0.14.
Companies’ performance is evaluated by their ability to outshine street expectations. All participants track whether firms “hit their consensus”, in other words, can firms manage to surpass analysts’ consensus forecasts. Knowing the significance of those projections can help investors cope up with the volatility during quarterly earnings results.
While shareholder’s investment decision shouldn’t be prejudiced too profoundly on whether firms meet, beat or miss the Street’s estimates, it’s useful keeping a track on how firms’ earnings figures perform against quarterly forecasts.
Fred's, Inc. (NASDAQ:FRED) recorded EPS of $-0.18 for the quarter ending on 2016-01-31. The analysts’ estimate was $-0.21, demonstrating a miss of $0.03 as against posted EPS.
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