As per ManpowerGroup (NYSE:MAN)’s news release on 2016-05-04, its shareholders will get cash dividend of $0.86 per share. The recent press release updated on the record date and payout date, which stands at 2016-06-01 and 2016-06-15, respectively.
The stock will commence trading ex-dividend from 2016-05-27, until, which the shareholders are compelled to keep the holdings so as to qualify for the dividend. Evaluating the dividend distribution mode, it was noted that last year ManpowerGroup (NYSE:MAN) disbursed $0.86 in dividend compared to distribution of $0.86, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 63.2653%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated ManpowerGroup (NYSE:MAN) to attain a price target of $78.888. It is an average estimate figure given by 9 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $102. The low price range is set at $65 for next year while the arithmetic mean is seen at 2.55.
Eyeing Earnings ManpowerGroup (NYSE:MAN) is likely to post quarterly numbers around 2016-10-19 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $1.71 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, ManpowerGroup (NYSE:MAN) earnings came at $1.6 suggesting a deviation of $0.08. The brokerages targeted EPS of $1.52 for the quarter.
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