German American Bancorp, Inc. (NASDAQ:GABC) Updates On Dividend Release Date


On 2016-07-26, German American Bancorp, Inc. (NASDAQ:GABC) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-08-10. The firm will release dividend on 2016-08-20 while ex-dividend date is reported to be 2016-08-08.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, German American Bancorp, Inc. (NASDAQ:GABC) paid a total of $0.18 per share in dividends. This figure stood at $0.18 a share in the same period a year ago indicating a deviation of 6.25%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $35.4 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $36 and $34, respectively.

Taking the mathematical rating formula, the price for German American Bancorp, Inc. (NASDAQ:GABC) stands at 2.4. Earnings Review German American Bancorp, Inc. (NASDAQ:GABC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.62.

Coming to the quarter ending on 2015-12-31, German American Bancorp, Inc. (NASDAQ:GABC) recorded EPS of $0.64. The reported numbers came lower than the analysts’ estimates of $0.56, demonstrating a miss of $0.08 as against reported figures.

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