Joy Global Inc. (NYSE:JOY) Updates On Dividend Release Date


On 2016-06-02, Joy Global Inc. (NYSE:JOY) confirmed the dividend disbursement of $0.01 a share to shareholders as on record 2016-06-22. The firm will release dividend on 2016-07-06 while ex-dividend date is reported to be 2016-06-20.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Joy Global Inc. (NYSE:JOY) paid a total of $0.01 per share in dividends. This figure stood at $0.01 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 $27 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $28 and $24, respectively.

Taking the mathematical rating formula, the price for Joy Global Inc. (NYSE:JOY) stands at 2.45. Earnings Review Joy Global Inc. (NYSE:JOY) will report its quarterly earnings for the period ending on 2016-07-31 by 2016-09-01. For the period ending on 2016-07-31, experts are expecting EPS of $0.12.

Coming to the quarter ending on 2015-10-31, Joy Global Inc. (NYSE:JOY) recorded EPS of $0.09. The reported numbers came lower than the analysts’ estimates of $-0.03, demonstrating a miss of $0.12 as against reported figures.

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