Frontier Communications Corporation (NASDAQ:FTR) Updates On Quarterly Dividend


As per Frontier Communications Corporation (NASDAQ:FTR) statement on 2016-08-02, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.105 per share as dividend to stakeholders. The record date is set as 2016-09-15, the payout date as 2016-09-30 and the ex-dividend date is 2016-09-13.

Last fiscal Frontier Communications Corporation (NASDAQ:FTR) disbursed cash dividend of $0.105. A year ago, the payout was $0.105, which indicates a difference of 5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.105, implying -13.6528% growth.

For the period ended on 2015-12-31, Frontier Communications Corporation (NASDAQ:FTR)’s earnings came at $-0.02 per share compared to EPS of $0.03 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $-0.01 per share.

The interim price target for Frontier Communications Corporation (NASDAQ:FTR) is set at $5.914. This level is the mean price reached by averaging the stock views of 7 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Frontier Communications Corporation (NASDAQ:FTR) is seen at $7.5 and the lowest level is established at $5. This broad range highlights a standard deviation of $0.796 in reported estimates.

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