As per Invesco Plc (NYSE:IVZ)’s news release on 2016-07-28, its shareholders will get cash dividend of $0.28 per share. The recent press release updated on the record date and payout date, which stands at 2016-08-18 and 2016-09-02, respectively.
The stock will commence trading ex-dividend from 2016-08-16, 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 Invesco Plc (NYSE:IVZ) disbursed $0.28 in dividend compared to distribution of $0.28, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 8.718%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Invesco Plc (NYSE:IVZ) to attain a price target of $34.571. It is an average estimate figure given by 7 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $39. The low price range is set at $30 for next year while the arithmetic mean is seen at 1.5.
Eyeing Earnings Invesco Plc (NYSE:IVZ) is likely to post quarterly numbers around 2016-11-03 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.6 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Invesco Plc (NYSE:IVZ) earnings came at $0.56 suggesting a deviation of $0.01. The brokerages targeted EPS of $0.55 for the quarter.
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