Lithia Motors, Inc. (NYSE:LAD) Updates On Quarterly Dividend


As per Lithia Motors, Inc. (NYSE:LAD) statement on 2016-07-28, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.25 per share as dividend to stakeholders. The record date is set as 2016-08-12, the payout date as 2016-08-26 and the ex-dividend date is 2016-08-10.

Last fiscal Lithia Motors, Inc. (NYSE:LAD) disbursed cash dividend of $0.25. A year ago, the payout was $0.25, which indicates a difference of 24.5902%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.25, implying 38.3389% growth.

For the period ended on 2015-12-31, Lithia Motors, Inc. (NYSE:LAD)’s earnings came at $1.96 per share compared to EPS of $2.03 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-19. For this quarter, the analysts have earnings estimate of $2.17 per share.

The interim price target for Lithia Motors, Inc. (NYSE:LAD) is set at $102.833. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Lithia Motors, Inc. (NYSE:LAD) is seen at $122 and the lowest level is established at $85. This broad range highlights a standard deviation of $12.319 in reported estimates.

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