Regions Financial Corporation (NYSE:RF) Updates On Dividend Release Date


On 2016-07-14, Regions Financial Corporation (NYSE:RF) confirmed the dividend disbursement of $0.065 a share to shareholders as on record 2016-09-09. The firm will release dividend on 2016-10-03 while ex-dividend date is reported to be 2016-09-07.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Regions Financial Corporation (NYSE:RF) paid a total of $0.065 per share in dividends. This figure stood at $0.065 a share in the same period a year ago indicating a deviation of 27.7778%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $9.765 on the stock. This figure is the average of recommendations offered by 16 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $11 and $8.5, respectively.

Taking the mathematical rating formula, the price for Regions Financial Corporation (NYSE:RF) stands at 2.5. Earnings Review Regions Financial Corporation (NYSE:RF) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-18. For the period ending on 2016-09-30, experts are expecting EPS of $0.21.

Coming to the quarter ending on 2015-12-31, Regions Financial Corporation (NYSE:RF) recorded EPS of $0.2. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $0 as against reported figures.

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