Lexmark International, Inc. (NYSE:LXK) Updates On Dividend Release Date


On 2016-08-01, Lexmark International, Inc. (NYSE:LXK) confirmed the dividend disbursement of $0.36 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-16 while ex-dividend date is reported to be 2016-08-31.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Lexmark International, Inc. (NYSE:LXK) paid a total of $0.36 per share in dividends. This figure stood at $0.36 a share in the same period a year ago indicating a deviation of 4.3478%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $40.5 on the stock. This figure is the average of recommendations offered by 1 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $40.5 and $40.5, respectively.

Taking the mathematical rating formula, the price for Lexmark International, Inc. (NYSE:LXK) stands at 3. Earnings Review Lexmark International, Inc. (NYSE:LXK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.82.

Coming to the quarter ending on 2015-12-31, Lexmark International, Inc. (NYSE:LXK) recorded EPS of $0.69. The reported numbers came lower than the analysts’ estimates of $0.82, demonstrating a miss of $-0.13 as against reported figures.

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