Merck & Company, Inc. (NYSE:MRK) Updates On Dividend Release Date


On 2016-07-26, Merck & Company, Inc. (NYSE:MRK) confirmed the dividend disbursement of $0.46 a share to shareholders as on record 2016-09-15. The firm will release dividend on 2016-10-07 while ex-dividend date is reported to be 2016-09-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Merck & Company, Inc. (NYSE:MRK) paid a total of $0.46 per share in dividends. This figure stood at $0.46 a share in the same period a year ago indicating a deviation of 2.2599%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $65.583 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $80 and $57, respectively.

Taking the mathematical rating formula, the price for Merck & Company, Inc. (NYSE:MRK) stands at 2.08. Earnings Review Merck & Company, Inc. (NYSE:MRK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-25. For the period ending on 2016-09-30, experts are expecting EPS of $0.98.

Coming to the quarter ending on 2015-12-31, Merck & Company, Inc. (NYSE:MRK) recorded EPS of $0.93. The reported numbers came lower than the analysts’ estimates of $0.92, demonstrating a miss of $0.01 as against reported figures.

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