G&K Services, Inc. (NASDAQ:GK) Updates On Quarterly Dividend


As per G&K Services, Inc. (NASDAQ:GK) statement on 2016-08-19, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.39 per share as dividend to stakeholders. The record date is set as 2016-09-08, the payout date as 2016-09-23 and the ex-dividend date is 2016-09-06.

Last fiscal G&K Services, Inc. (NASDAQ:GK) disbursed cash dividend of $0.39. A year ago, the payout was $0.39, which indicates a difference of 19.3548%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.39, implying 31.2489% growth.

For the period ended on 2016-06-30, G&K Services, Inc. (NASDAQ:GK)’s earnings came at $1 per share compared to EPS of $0.88 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-25. For this quarter, the analysts have earnings estimate of $0.89 per share.

The interim price target for G&K Services, Inc. (NASDAQ:GK) is set at $90.666. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for G&K Services, Inc. (NASDAQ:GK) is seen at $97 and the lowest level is established at $78. This broad range highlights a standard deviation of $10.969 in reported estimates.

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