Frontier Communications Corporation (NASDAQ:FTR) Updates On Dividend Release Date


On 2016-08-02, Frontier Communications Corporation (NASDAQ:FTR) confirmed the dividend disbursement of $0.105 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Frontier Communications Corporation (NASDAQ:FTR) paid a total of $0.105 per share in dividends. This figure stood at $0.105 a share in the same period a year ago indicating a deviation of 5%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $6.175 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $9 and $5, respectively.

Taking the mathematical rating formula, the price for Frontier Communications Corporation (NASDAQ:FTR) stands at 2. Earnings Review Frontier Communications Corporation (NASDAQ:FTR) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $-0.01.

Coming to the quarter ending on 2015-12-31, Frontier Communications Corporation (NASDAQ:FTR) recorded EPS of $-0.02. The reported numbers came lower than the analysts’ estimates of $-0.05, demonstrating a miss of $0.03 as against reported figures.

Shares of the Frontier Communications Corporation (NASDAQ:FTR) traded in the range of $4.86 to $4.95 and closed the last trading session at $4.93 on a volume of ((Volume:238}}.

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