As per Nucor Corporation (NYSE:NUE) statement on 2016-06-06, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.375 per share as dividend to stakeholders. The record date is set as 2016-06-30, the payout date as 2016-08-11 and the ex-dividend date is 2016-06-28.
Last fiscal Nucor Corporation (NYSE:NUE) disbursed cash dividend of $0.375. A year ago, the payout was $0.375, which indicates a difference of 0.6745%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.375, implying 0.6838% growth.
For the period ended on 2015-12-31, Nucor Corporation (NYSE:NUE)’s earnings came at $0.73 per share compared to EPS of $0.71 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-27. For this quarter, the analysts have earnings estimate of $1.09 per share.
The interim price target for Nucor Corporation (NYSE:NUE) is set at $55.833. This level is the mean price reached by averaging the stock views of 9 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Nucor Corporation (NYSE:NUE) is seen at $60 and the lowest level is established at $44. This broad range highlights a standard deviation of $4.86 in reported estimates.
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