Mead Johnson Nutrition Company (NYSE:MJN) Updates On Dividend Release Date


On 2016-06-10, Mead Johnson Nutrition Company (NYSE:MJN) confirmed the dividend disbursement of $0.412 a share to shareholders as on record 2016-06-20. The firm will release dividend on 2016-07-05 while ex-dividend date is reported to be 2016-06-16.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Mead Johnson Nutrition Company (NYSE:MJN) paid a total of $0.412 per share in dividends. This figure stood at $0.412 a share in the same period a year ago indicating a deviation of 10%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $87.666 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $96 and $75, respectively.

Taking the mathematical rating formula, the price for Mead Johnson Nutrition Company (NYSE:MJN) stands at 2.36. Earnings Review Mead Johnson Nutrition Company (NYSE:MJN) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.88.

Coming to the quarter ending on 2015-12-31, Mead Johnson Nutrition Company (NYSE:MJN) recorded EPS of $0.88. The reported numbers came lower than the analysts’ estimates of $0.78, demonstrating a miss of $0.1 as against reported figures.

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