Heritage Commerce Corp (NASDAQ:HTBK) Updates On Dividend Release Date


On 2016-07-29, Heritage Commerce Corp (NASDAQ:HTBK) confirmed the dividend disbursement of $0.09 a share to shareholders as on record 2016-08-09. The firm will release dividend on 2016-08-24 while ex-dividend date is reported to be 2016-08-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Heritage Commerce Corp (NASDAQ:HTBK) paid a total of $0.09 per share in dividends. This figure stood at $0.09 a share in the same period a year ago indicating a deviation of 77.7778%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $12 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $12.5 and $11.5, respectively.

Taking the mathematical rating formula, the price for Heritage Commerce Corp (NASDAQ:HTBK) stands at 1.67. Earnings Review Heritage Commerce Corp (NASDAQ:HTBK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-24. For the period ending on 2016-09-30, experts are expecting EPS of $0.19.

Coming to the quarter ending on 2015-12-31, Heritage Commerce Corp (NASDAQ:HTBK) recorded EPS of $0.19. The reported numbers came lower than the analysts’ estimates of $0.19, demonstrating a miss of $0 as against reported figures.

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