As per Masco Corporation (NYSE:MAS)’s news release on 2016-06-24, its shareholders will get cash dividend of $0.095 per share. The recent press release updated on the record date and payout date, which stands at 2016-07-08 and 2016-08-08, respectively.
The stock will commence trading ex-dividend from 2016-07-06, 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 Masco Corporation (NYSE:MAS) disbursed $0.095 in dividend compared to distribution of $0.095, a year ago.
It highlights a sharp difference in cash payouts of the two years. This shows a major deviation of 986.3636%.
The sell-side market professionals who track the firm’s financial and technical parameters have estimated Masco Corporation (NYSE:MAS) to attain a price target of $37.727. It is an average estimate figure given by 11 analysts tracking the stock. The estimates disclosed that the stock can move up on the chart and hit a high of $42. The low price range is set at $29 for next year while the arithmetic mean is seen at 1.77.
Eyeing Earnings Masco Corporation (NYSE:MAS) is likely to post quarterly numbers around 2016-10-25 for the quarter ending 2016-09-30. The quarterly EPS projection is set at $0.43 for the period ending on 2016-09-30.
In last quarter ended 2015-12-31, Masco Corporation (NYSE:MAS) earnings came at $0.46 suggesting a deviation of $0.04. The brokerages targeted EPS of $0.42 for the quarter.
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