Intuit Inc. (NASDAQ:INTU) Updates On Dividend Release Date


On 2016-08-24, Intuit Inc. (NASDAQ:INTU) confirmed the dividend disbursement of $0.34 a share to shareholders as on record 2016-10-10. The firm will release dividend on 2016-10-18 while ex-dividend date is reported to be 2016-10-05.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Intuit Inc. (NASDAQ:INTU) paid a total of $0.34 per share in dividends. This figure stood at $0.34 a share in the same period a year ago indicating a deviation of 20%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $124.571 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $135 and $113, respectively.

Taking the mathematical rating formula, the price for Intuit Inc. (NASDAQ:INTU) stands at 2.33. Earnings Review Intuit Inc. (NASDAQ:INTU) will report its quarterly earnings for the period ending on 2016-10-31 by 2016-11-17. For the period ending on 2016-10-31, experts are expecting EPS of $-0.17.

Coming to the quarter ending on 2016-07-31, Intuit Inc. (NASDAQ:INTU) recorded EPS of $-0.13. The reported numbers came lower than the analysts’ estimates of $-0.23, demonstrating a miss of $0.1 as against reported figures.

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