MDC Partners Inc. (NASDAQ:MDCA) Updates On Dividend Release Date


On 2016-07-29, MDC Partners Inc. (NASDAQ:MDCA) confirmed the dividend disbursement of $0.21 a share to shareholders as on record 2016-08-10. The firm will release dividend on 2016-08-24 while ex-dividend date is reported to be 2016-08-08.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, MDC Partners Inc. (NASDAQ:MDCA) paid a total of $0.21 per share in dividends. This figure stood at $0.21 a share in the same period a year ago indicating a deviation of 13.5135%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $23 on the stock. This figure is the average of recommendations offered by 5 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $27 and $17, respectively.

Taking the mathematical rating formula, the price for MDC Partners Inc. (NASDAQ:MDCA) stands at 1.57. Earnings Review MDC Partners Inc. (NASDAQ:MDCA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $0.26.

Coming to the quarter ending on 2015-12-31, MDC Partners Inc. (NASDAQ:MDCA) recorded EPS of $0.02. The reported numbers came lower than the analysts’ estimates of $0.18, demonstrating a miss of $-0.16 as against reported figures.

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