Range Resources Corporation (NYSE:RRC) Updates On Quarterly Dividend


As per Range Resources Corporation (NYSE:RRC) statement on 2016-09-01, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.02 per share as dividend to stakeholders. The record date is set as 2016-09-16, the payout date as 2016-09-30 and the ex-dividend date is 2016-09-14.

Last fiscal Range Resources Corporation (NYSE:RRC) disbursed cash dividend of $0.02. A year ago, the payout was $0.02, which indicates a difference of 0%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.02, implying 0% growth.

For the period ended on 2015-12-31, Range Resources Corporation (NYSE:RRC)’s earnings came at $-0.21 per share compared to EPS of $-0.05 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-10-26. For this quarter, the analysts have earnings estimate of $-0.18 per share.

The interim price target for Range Resources Corporation (NYSE:RRC) is set at $49.6. This level is the mean price reached by averaging the stock views of 20 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Range Resources Corporation (NYSE:RRC) is seen at $62 and the lowest level is established at $34. This broad range highlights a standard deviation of $6.508 in reported estimates.

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