As per Fred's, Inc. (NASDAQ:FRED) statement on 2016-05-23, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.06 per share as dividend to stakeholders. The record date is set as 2016-06-01, the payout date as 2016-06-15 and the ex-dividend date is 2016-05-27.
Last fiscal Fred's, Inc. (NASDAQ:FRED) disbursed cash dividend of $0.06. A year ago, the payout was $0.06, 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 $0.06, implying 8.4472% growth.
For the period ended on 2016-01-31, Fred's, Inc. (NASDAQ:FRED)’s earnings came at $0.03 per share compared to EPS of $-0.13 a year ago. This quarter the firm can post earnings for quarter ending 2016-07-31 on or around 2016-08-30. For this quarter, the analysts have earnings estimate of $-0.21 per share.
The interim price target for Fred's, Inc. (NASDAQ:FRED) is set at $14.5. 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 Fred's, Inc. (NASDAQ:FRED) is seen at $17 and the lowest level is established at $12. This broad range highlights a standard deviation of $2.081 in reported estimates.
Shares of the Fred's, Inc. (NASDAQ:FRED) traded in the range of $13.54 to $14.05 and closed the last trading session at $13.71 on a volume of ((Volume:238}}.
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