Greif Bros. Corporation (NYSE:GEF) Updates On Quarterly Dividend


As per Greif Bros. Corporation (NYSE:GEF) statement on 2016-08-31, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.42 per share as dividend to stakeholders. The record date is set as 2016-09-19, the payout date as 2016-10-01 and the ex-dividend date is 2016-09-15.

Last fiscal Greif Bros. Corporation (NYSE:GEF) disbursed cash dividend of $0.42. A year ago, the payout was $0.42, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.42, implying 0.9806% growth.

For the period ended on 2015-10-31, Greif Bros. Corporation (NYSE:GEF)’s earnings came at $0.91 per share compared to EPS of $0.76 a year ago. This quarter the firm can post earnings for quarter ending 2016-10-31 on or around 2016-12-08. For this quarter, the analysts have earnings estimate of $0.68 per share.

The interim price target for Greif Bros. Corporation (NYSE:GEF) is set at $43.666. 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 Greif Bros. Corporation (NYSE:GEF) is seen at $50 and the lowest level is established at $36. This broad range highlights a standard deviation of $7.094 in reported estimates.

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