Great Plains Energy Inc (NYSE:GXP) Updates On Dividend Release Date


On 2016-08-02, Great Plains Energy Inc (NYSE:GXP) confirmed the dividend disbursement of $0.262 a share to shareholders as on record 2016-08-29. The firm will release dividend on 2016-09-20 while ex-dividend date is reported to be 2016-08-25.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Great Plains Energy Inc (NYSE:GXP) paid a total of $0.262 per share in dividends. This figure stood at $0.262 a share in the same period a year ago indicating a deviation of 6.6845%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $30.25 on the stock. This figure is the average of recommendations offered by 4 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $31 and $29, respectively.

Taking the mathematical rating formula, the price for Great Plains Energy Inc (NYSE:GXP) stands at 3.29. Earnings Review Great Plains Energy Inc (NYSE:GXP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.91.

Coming to the quarter ending on 2015-12-31, Great Plains Energy Inc (NYSE:GXP) recorded EPS of $0.55. The reported numbers came lower than the analysts’ estimates of $0.41, demonstrating a miss of $0.14 as against reported figures.

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