Halliburton Company (NYSE:HAL) Updates On Dividend Release Date


On 2016-07-15, Halliburton Company (NYSE:HAL) confirmed the dividend disbursement of $0.18 a share to shareholders as on record 2016-09-07. The firm will release dividend on 2016-09-28 while ex-dividend date is reported to be 2016-09-02.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Halliburton Company (NYSE:HAL) 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 14.2857%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $50.363 on the stock. This figure is the average of recommendations offered by 22 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $60 and $38, respectively.

Taking the mathematical rating formula, the price for Halliburton Company (NYSE:HAL) stands at 1.52. Earnings Review Halliburton Company (NYSE:HAL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-19. For the period ending on 2016-09-30, experts are expecting EPS of $-0.07.

Coming to the quarter ending on 2015-12-31, Halliburton Company (NYSE:HAL) recorded EPS of $-0.14. The reported numbers came lower than the analysts’ estimates of $-0.19, demonstrating a miss of $0.05 as against reported figures.

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