ITC Holdings Corp. (NYSE:ITC) Updates On Quarterly Dividend


As per ITC Holdings Corp. (NYSE:ITC) statement on 2016-08-18, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.215 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-09-15 and the ex-dividend date is 2016-08-30.

Last fiscal ITC Holdings Corp. (NYSE:ITC) disbursed cash dividend of $0.215. A year ago, the payout was $0.215, which indicates a difference of 14.7541%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.215, implying 9.8979% growth.

For the period ended on 2015-12-31, ITC Holdings Corp. (NYSE:ITC)’s earnings came at $0.58 per share compared to EPS of $0.53 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $0.57 per share.

The interim price target for ITC Holdings Corp. (NYSE:ITC) is set at $43.666. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ITC Holdings Corp. (NYSE:ITC) is seen at $47 and the lowest level is established at $37. This broad range highlights a standard deviation of $5.773 in reported estimates.

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