Mack-Cali Realty Corporation (NYSE:CLI) Updates On Quarterly Dividend


As per Mack-Cali Realty Corporation (NYSE:CLI) statement on 2016-06-02, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.15 per share as dividend to stakeholders. The record date is set as 2016-07-06, the payout date as 2016-07-15 and the ex-dividend date is 2016-07-01.

Last fiscal Mack-Cali Realty Corporation (NYSE:CLI) disbursed cash dividend of $0.15. A year ago, the payout was $0.15, which indicates a difference of -33.3333%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.15, implying -19.7258% growth.

For the period ended on 2015-12-31, Mack-Cali Realty Corporation (NYSE:CLI)’s earnings came at $0.55 per share compared to EPS of $0.51 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $0.53 per share.

The interim price target for Mack-Cali Realty Corporation (NYSE:CLI) is set at $28.2. This level is the mean price reached by averaging the stock views of 5 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Mack-Cali Realty Corporation (NYSE:CLI) is seen at $30 and the lowest level is established at $27. This broad range highlights a standard deviation of $1.095 in reported estimates.

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