McKesson Corporation (NYSE:MCK) Updates On Quarterly Dividend


As per McKesson Corporation (NYSE:MCK) statement on 2016-07-27, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.28 per share as dividend to stakeholders. The record date is set as 2016-09-01, the payout date as 2016-10-03 and the ex-dividend date is 2016-08-30.

Last fiscal McKesson Corporation (NYSE:MCK) disbursed cash dividend of $0.28. A year ago, the payout was $0.28, which indicates a difference of 12.5%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.28, implying 8.4472% growth.

For the period ended on 2016-03-31, McKesson Corporation (NYSE:MCK)’s earnings came at $3.5 per share compared to EPS of $3.31 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-03. For this quarter, the analysts have earnings estimate of $3.1 per share.

The interim price target for McKesson Corporation (NYSE:MCK) is set at $206.111. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for McKesson Corporation (NYSE:MCK) is seen at $230 and the lowest level is established at $172. This broad range highlights a standard deviation of $16.404 in reported estimates.

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