As per Houston Wire & Cable Company (NASDAQ:HWCC)’s news release on 2016-08-10, its shareholders will get cash dividend of $0.03 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-19 and 2016-08-30, respectively.
The stock will commence trading ex-dividend from 2016-08-17, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year Houston Wire & Cable Company (NASDAQ:HWCC) disbursed $0.03 in dividend compared to distribution of $0.03, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of -10.6383%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Houston Wire & Cable Company (NASDAQ:HWCC) to attain a price target of $5. It is an average estimate figure given by 1 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $5. The low price range is set at $5 for next year while the arithmetic mean is seen at 3.
Eyeing Earnings Houston Wire & Cable Company (NASDAQ:HWCC) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $-0.02 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Houston Wire & Cable Company (NASDAQ:HWCC) earnings came at $-0.04 suggesting a deviation of $-0.05. The brokerages targeted EPS of $0.01 for the quarter.
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