As per Harris Corporation (NYSE:HRS) statement on 2016-04-22, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.5 per share as dividend to stakeholders. The record date is set as 2016-06-01, the payout date as 2016-06-13 and the ex-dividend date is 2016-05-27.
Last fiscal Harris Corporation (NYSE:HRS) disbursed cash dividend of $0.5. A year ago, the payout was $0.5, which indicates a difference of 6.383%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.5, implying 14.8698% growth.
For the period ended on 2016-06-30, Harris Corporation (NYSE:HRS)’s earnings came at $1.45 per share compared to EPS of $1.31 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-01. For this quarter, the analysts have earnings estimate of $1.37 per share.
The interim price target for Harris Corporation (NYSE:HRS) is set at $96.8. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Harris Corporation (NYSE:HRS) is seen at $103 and the lowest level is established at $85. This broad range highlights a standard deviation of $7.463 in reported estimates.
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