National Instruments Corporation (NASDAQ:NATI) Updates On Dividend Release Date


On 2016-07-28, National Instruments Corporation (NASDAQ:NATI) confirmed the dividend disbursement of $0.2 a share to shareholders as on record 2016-08-15. The firm will release dividend on 2016-09-06 while ex-dividend date is reported to be 2016-08-11.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, National Instruments Corporation (NASDAQ:NATI) paid a total of $0.2 per share in dividends. This figure stood at $0.2 a share in the same period a year ago indicating a deviation of 26.6667%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $30 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $32 and $28, respectively.

Taking the mathematical rating formula, the price for National Instruments Corporation (NASDAQ:NATI) stands at 2.33. Earnings Review National Instruments Corporation (NASDAQ:NATI) 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 $0.19.

Coming to the quarter ending on 2015-12-31, National Instruments Corporation (NASDAQ:NATI) recorded EPS of $0.19. The reported numbers came lower than the analysts’ estimates of $0.17, demonstrating a miss of $0.02 as against reported figures.

Shares of the National Instruments Corporation (NASDAQ:NATI) traded in the range of $27.64 to $27.83 and closed the last trading session at $27.75 on a volume of ((Volume:238}}.

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