Pacific Continental Corporation (Ore) (NASDAQ:PCBK) Updates On Dividend Release Date


On 2016-07-21, Pacific Continental Corporation (Ore) (NASDAQ:PCBK) confirmed the dividend disbursement of $0.11 a share to shareholders as on record 2016-08-02. The firm will release dividend on 2016-08-16 while ex-dividend date is reported to be 2016-07-29.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Pacific Continental Corporation (Ore) (NASDAQ:PCBK) paid a total of $0.11 per share in dividends. This figure stood at $0.11 a share in the same period a year ago indicating a deviation of -39.1304%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $18.166 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 $20 and $17, respectively.

Taking the mathematical rating formula, the price for Pacific Continental Corporation (Ore) (NASDAQ:PCBK) stands at 1.5. Earnings Review Pacific Continental Corporation (Ore) (NASDAQ:PCBK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-12. For the period ending on 2016-09-30, experts are expecting EPS of $0.26.

Coming to the quarter ending on 2015-12-31, Pacific Continental Corporation (Ore) (NASDAQ:PCBK) recorded EPS of $0.27. The reported numbers came lower than the analysts’ estimates of $0.29, demonstrating a miss of $-0.02 as against reported figures.

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