Pinnacle Foods, Inc. (NYSE:PF) Updates On Dividend Release Date


On 2016-08-17, Pinnacle Foods, Inc. (NYSE:PF) confirmed the dividend disbursement of $0.285 a share to shareholders as on record 2016-08-30. The firm will release dividend on 2016-10-10 while ex-dividend date is reported to be 2016-08-26.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Pinnacle Foods, Inc. (NYSE:PF) paid a total of $0.285 per share in dividends. This figure stood at $0.285 a share in the same period a year ago indicating a deviation of 10.1124%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $51.777 on the stock. This figure is the average of recommendations offered by 9 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $56 and $47, respectively.

Taking the mathematical rating formula, the price for Pinnacle Foods, Inc. (NYSE:PF) stands at 1.75. Earnings Review Pinnacle Foods, Inc. (NYSE:PF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.52.

Coming to the quarter ending on 2015-12-31, Pinnacle Foods, Inc. (NYSE:PF) recorded EPS of $0.42. The reported numbers came lower than the analysts’ estimates of $0.4, demonstrating a miss of $0.02 as against reported figures.

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