Graco Inc. (NYSE:GGG) Updates On Quarterly Dividend


As per Graco Inc. (NYSE:GGG) statement on 2016-06-17, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.33 per share as dividend to stakeholders. The record date is set as 2016-07-18, the payout date as 2016-08-03 and the ex-dividend date is 2016-07-14.

Last fiscal Graco Inc. (NYSE:GGG) disbursed cash dividend of $0.33. A year ago, the payout was $0.33, which indicates a difference of 9.0909%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.33, implying 8.4472% growth.

For the period ended on 2015-12-31, Graco Inc. (NYSE:GGG)’s earnings came at $0.89 per share compared to EPS of $0.86 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $0.88 per share.

The interim price target for Graco Inc. (NYSE:GGG) is set at $80.166. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Graco Inc. (NYSE:GGG) is seen at $90 and the lowest level is established at $75. This broad range highlights a standard deviation of $5.269 in reported estimates.

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