Intel Corporation (NASDAQ:INTC) Updates On Dividend Release Date


On 2016-07-12, Intel Corporation (NASDAQ:INTC) confirmed the dividend disbursement of $0.26 a share to shareholders as on record 2016-08-07. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-08-03.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Intel Corporation (NASDAQ:INTC) paid a total of $0.26 per share in dividends. This figure stood at $0.26 a share in the same period a year ago indicating a deviation of 6.6667%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $37.518 on the stock. This figure is the average of recommendations offered by 27 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $45 and $30, respectively.

Taking the mathematical rating formula, the price for Intel Corporation (NASDAQ:INTC) stands at 1.95. Earnings Review Intel Corporation (NASDAQ:INTC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-11. For the period ending on 2016-09-30, experts are expecting EPS of $0.66.

Coming to the quarter ending on 2015-12-31, Intel Corporation (NASDAQ:INTC) recorded EPS of $0.59. The reported numbers came lower than the analysts’ estimates of $0.53, demonstrating a miss of $0.06 as against reported figures.

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