Plantronics, Inc. (NYSE:PLT) Updates On Dividend Release Date


On 2016-08-03, Plantronics, Inc. (NYSE:PLT) confirmed the dividend disbursement of $0.15 a share to shareholders as on record 2016-08-19. The firm will release dividend on 2016-09-09 while ex-dividend date is reported to be 2016-08-17.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Plantronics, Inc. (NYSE:PLT) paid a total of $0.15 per share in dividends. This figure stood at $0.15 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $55 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $56 and $54, respectively.

Taking the mathematical rating formula, the price for Plantronics, Inc. (NYSE:PLT) stands at 1.5. Earnings Review Plantronics, Inc. (NYSE:PLT) 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 $0.57.

Coming to the quarter ending on 2016-03-31, Plantronics, Inc. (NYSE:PLT) recorded EPS of $0.6. The reported numbers came lower than the analysts’ estimates of $0.5, demonstrating a miss of $0.1 as against reported figures.

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