ITT Corporation (NYSE:ITT) Updates On Quarterly Dividend


As per ITT Corporation (NYSE:ITT) statement on 2016-08-10, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.124 per share as dividend to stakeholders. The record date is set as 2016-09-09, the payout date as 2016-10-03 and the ex-dividend date is 2016-09-07.

Last fiscal ITT Corporation (NYSE:ITT) disbursed cash dividend of $0.124. A year ago, the payout was $0.124, which indicates a difference of 7.5454%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.124, implying -25.0446% growth.

For the period ended on 2015-12-31, ITT Corporation (NYSE:ITT)’s earnings came at $0.67 per share compared to EPS of $0.63 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $0.58 per share.

The interim price target for ITT Corporation (NYSE:ITT) is set at $38.555. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for ITT Corporation (NYSE:ITT) is seen at $42 and the lowest level is established at $32. This broad range highlights a standard deviation of $3.678 in reported estimates.

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