Linear Technology Corporation (NASDAQ:LLTC) Updates On Dividend Release Date


On 2016-07-28, Linear Technology Corporation (NASDAQ:LLTC) confirmed the dividend disbursement of $0.32 a share to shareholders as on record 2016-08-12. The firm will release dividend on 2016-08-24 while ex-dividend date is reported to be 2016-08-10.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Linear Technology Corporation (NASDAQ:LLTC) paid a total of $0.32 per share in dividends. This figure stood at $0.32 a share in the same period a year ago indicating a deviation of 8.7719%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $58.375 on the stock. This figure is the average of recommendations offered by 8 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $64 and $44, respectively.

Taking the mathematical rating formula, the price for Linear Technology Corporation (NASDAQ:LLTC) stands at 3.13. Earnings Review Linear Technology Corporation (NASDAQ:LLTC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-11. For the period ending on 2016-09-30, experts are expecting EPS of $0.54.

Coming to the quarter ending on 2016-06-30, Linear Technology Corporation (NASDAQ:LLTC) recorded EPS of $0.54. The reported numbers came lower than the analysts’ estimates of $0.53, demonstrating a miss of $0.01 as against reported figures.

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