Prudential Financial, Inc. (NYSE:PRU) Updates On Dividend Release Date


On 2016-08-10, Prudential Financial, Inc. (NYSE:PRU) confirmed the dividend disbursement of $0.7 a share to shareholders as on record 2016-08-23. The firm will release dividend on 2016-09-15 while ex-dividend date is reported to be 2016-08-19.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Prudential Financial, Inc. (NYSE:PRU) paid a total of $0.7 per share in dividends. This figure stood at $0.7 a share in the same period a year ago indicating a deviation of 12.4424%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $81.833 on the stock. This figure is the average of recommendations offered by 6 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $88 and $76, respectively.

Taking the mathematical rating formula, the price for Prudential Financial, Inc. (NYSE:PRU) stands at 2.06. Earnings Review Prudential Financial, Inc. (NYSE:PRU) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $2.49.

Coming to the quarter ending on 2015-12-31, Prudential Financial, Inc. (NYSE:PRU) recorded EPS of $1.84. The reported numbers came lower than the analysts’ estimates of $2.49, demonstrating a miss of $-0.65 as against reported figures.

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