Moody's Corporation (NYSE:MCO) Updates On Quarterly Dividend


As per Moody's Corporation (NYSE:MCO) statement on 2016-07-13, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.37 per share as dividend to stakeholders. The record date is set as 2016-08-22, the payout date as 2016-09-12 and the ex-dividend date is 2016-08-18.

Last fiscal Moody's Corporation (NYSE:MCO) disbursed cash dividend of $0.37. A year ago, the payout was $0.37, which indicates a difference of 21.4286%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.37, implying 26.4905% growth.

For the period ended on 2015-12-31, Moody's Corporation (NYSE:MCO)’s earnings came at $1.3 per share compared to EPS of $1.11 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-04. For this quarter, the analysts have earnings estimate of $1.12 per share.

The interim price target for Moody's Corporation (NYSE:MCO) is set at $108.166. This level is the mean price reached by averaging the stock views of 6 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Moody's Corporation (NYSE:MCO) is seen at $120 and the lowest level is established at $96. This broad range highlights a standard deviation of $9.304 in reported estimates.

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